The 10-second takeaway
For the quarter ended March 31 (Q1), Vocus met expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue increased significantly. Non-GAAP earnings per share grew significantly. GAAP loss per share shrank.
Gross margins dropped, operating margins contracted, net margins expanded.
Vocus reported revenue of $46.3 million. The seven analysts polled by S&P Capital IQ looked for a top line of $46.5 million on the same basis. GAAP reported sales were 33% higher than the prior-year quarter's $34.9 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 $0.09. The eight earnings estimates compiled by S&P Capital IQ averaged $0.10 per share. Non-GAAP EPS of $0.09 for Q1 were 350% higher than the prior-year quarter's $0.02 per share. GAAP EPS were -$0.41 for Q1 versus -$0.57 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 78.9%, 30 basis points worse than the prior-year quarter. Operating margin was -16.6%, 110 basis points worse than the prior-year quarter. Net margin was -17.6%, much better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $48.2 million. On the bottom line, the average EPS estimate is $0.11.
Next year's average estimate for revenue is $199.3 million. The average EPS estimate is $0.52.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 77 members out of 110 rating the stock outperform, and 33 members rating it underperform. Among 33 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 24 give Vocus a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Vocus is outperform, with an average price target of $23.00.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.