Pactera Technology International
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Pactera Technology International beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share grew.
Gross margins were steady, operating margins dropped, net margins dropped.
Pactera Technology International booked revenue of $79.6 million. The three analysts polled by S&P Capital IQ foresaw sales of $76.9 million on the same basis. GAAP reported sales were 35% higher than the prior-year quarter's $58.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.33. The three earnings estimates compiled by S&P Capital IQ averaged $0.23 per share. GAAP EPS of $0.15 for Q3 were 7.1% higher than the prior-year quarter's $0.14 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 35.6%, about the same as the prior-year quarter. Operating margin was 6.7%, 20 basis points worse than the prior-year quarter. Net margin was 5.9%, 160 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $82.6 million. On the bottom line, the average EPS estimate is $0.24.
Next year's average estimate for revenue is $294.2 million. The average EPS estimate is $0.88.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Pactera Technology International is buy, with an average price target of $13.51.
Is Pactera Technology International playing the right part in the new technology revolution? Computers, mobile devices, and related services are creating huge amounts of valuable data, but only for companies that can crunch the numbers and make sense of it. Meet the leader in this field in "The Only Stock You Need To Profit From the NEW Technology Revolution." Click here for instant access to this free report.
- Add Pactera Technology International to My Watchlist.