The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Jive Software beat expectations on revenues and exceeded expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP loss per share dropped.
Margins grew across the board.
Jive Software reported revenue of $32.5 million. The eight analysts polled by S&P Capital IQ expected a top line of $31.2 million on the same basis. GAAP reported sales were 44% higher than the prior-year quarter's $22.5 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 -$0.14. The 10 earnings estimates compiled by S&P Capital IQ predicted -$0.15 per share. GAAP EPS were -$0.24 for Q4 against -$0.39 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 62.9%, 700 basis points better than the prior-year quarter. Operating margin was -48.2%, 470 basis points better than the prior-year quarter. Net margin was -47.9%, 840 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $33.9 million. On the bottom line, the average EPS estimate is -$0.08.
Next year's average estimate for revenue is $151.3 million. The average EPS estimate is -$0.27.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 27 members out of 53 rating the stock outperform, and 26 members rating it underperform. Among 23 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), seven give Jive Software a green thumbs-up, and 16 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Jive Software is outperform, with an average price target of $17.06.
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