The 10-second takeaway
For the quarter ended March 31 (Q1), Rudolph Technologies missed estimates on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue contracted. Non-GAAP earnings per share contracted significantly. GAAP earnings per share contracted significantly.
Gross margins increased, operating margins shrank, net margins shrank.
Rudolph Technologies reported revenue of $41.7 million. The five analysts polled by S&P Capital IQ foresaw net sales of $45.8 million on the same basis. GAAP reported sales were 8.9% lower than the prior-year quarter's $45.7 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 $0.05. The five earnings estimates compiled by S&P Capital IQ anticipated $0.05 per share. Non-GAAP EPS of $0.05 for Q1 were 44% lower than the prior-year quarter's $0.09 per share. GAAP EPS of $0.01 for Q1 were 83% lower than the prior-year quarter's $0.06 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 52.5%, 50 basis points better than the prior-year quarter. Operating margin was 3.1%, 650 basis points worse than the prior-year quarter. Net margin was 0.9%, 320 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $45.8 million. On the bottom line, the average EPS estimate is $0.04.
Next year's average estimate for revenue is $212.6 million. The average EPS estimate is $0.57.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 91 members out of 97 rating the stock outperform, and six members rating it underperform. Among 24 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 22 give Rudolph Technologies a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rudolph Technologies is buy, with an average price target of $16.30.
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