The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Cbeyond met expectations on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped. Non-GAAP loss per share grew. GAAP loss per share grew.
Margins dropped across the board.
Cbeyond notched revenue of $118.9 million. The nine analysts polled by S&P Capital IQ wanted to see net sales of $118.9 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.
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 -$0.18. The 10 earnings estimates compiled by S&P Capital IQ averaged -$0.08 per share. Non-GAAP EPS were -$0.18 for Q4 against -$0.17 per share for the prior-year quarter. GAAP EPS were -$0.19 for Q4 against -$0.18 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 67.0%, 250 basis points worse than the prior-year quarter. Operating margin was -3.0%, 560 basis points worse than the prior-year quarter. Net margin was -4.9%, 80 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $118.1 million. On the bottom line, the average EPS estimate is -$0.06.
Next year's average estimate for revenue is $478.6 million. The average EPS estimate is -$0.13.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 106 members out of 141 rating the stock outperform, and 35 members rating it underperform. Among 41 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 26 give Cbeyond a green thumbs-up, and 15 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cbeyond is hold, with an average price target of $8.57.
Is Cbeyond the best telecom bet for you? Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks," including one above-average telecom company. Click here for instant access to this free report.
- Add Cbeyond to My Watchlist.