The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Nxstage Medical beat expectations on revenues and exceeded expectations on earnings per share.
Compared to the prior-year quarter, revenue increased. GAAP loss per share dropped.
Margins grew across the board.
Nxstage Medical recorded revenue of $65.0 million. The 13 analysts polled by S&P Capital IQ hoped for revenue of $63.5 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $57.0 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 -$0.04. The 11 earnings estimates compiled by S&P Capital IQ averaged -$0.05 per share. GAAP EPS were -$0.04 for Q4 versus -$0.08 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 39.0%, 190 basis points better than the prior-year quarter. Operating margin was -2.9%, 270 basis points better than the prior-year quarter. Net margin was -3.6%, 440 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $63.8 million. On the bottom line, the average EPS estimate is -$0.05.
Next year's average estimate for revenue is $269.0 million. The average EPS estimate is -$0.11.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 140 members out of 173 rating the stock outperform, and 33 members rating it underperform. Among 48 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 40 give Nxstage Medical a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Nxstage Medical is outperform, with an average price target of $17.00.
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