VASCO Data Security International
The 10-second takeaway
For the quarter ended March 31 (Q1), VASCO Data Security International beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew. Non-GAAP earnings per share increased. GAAP earnings per share grew significantly.
Gross margins shrank, operating margins grew, net margins grew.
VASCO Data Security International booked revenue of $35.4 million. The four analysts polled by S&P Capital IQ foresaw sales of $34.8 million on the same basis. GAAP reported sales were 9.6% higher than the prior-year quarter's $32.3 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 $0.06. The three earnings estimates compiled by S&P Capital IQ forecast $0.05 per share. Non-GAAP EPS of $0.06 for Q1 were 20% higher than the prior-year quarter's $0.05 per share. GAAP EPS of $0.07 for Q1 were 40% higher than the prior-year quarter's $0.05 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 65.3%, 250 basis points worse than the prior-year quarter. Operating margin was 7.7%, 80 basis points better than the prior-year quarter. Net margin was 7.9%, 200 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $40.6 million. On the bottom line, the average EPS estimate is $0.12.
Next year's average estimate for revenue is $161.9 million. The average EPS estimate is $0.43.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,905 members out of 1,970 rating the stock outperform, and 65 members rating it underperform. Among 436 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 428 give VASCO Data Security International 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 VASCO Data Security International is hold, with an average price target of $8.63.
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