The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Actuate's revenues will shrink -2.1% and EPS will wither -25.0%.
The average estimate for revenue is $35.5 million. On the bottom line, the average EPS estimate is $0.09.
Last quarter, Actuate reported revenue of $34.9 million. GAAP reported sales were 0.2% higher than the prior-year quarter's $34.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.08. GAAP EPS of $0.06 for Q1 were 14% lower than the prior-year quarter's $0.07 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 84.1%, 50 basis points better than the prior-year quarter. Operating margin was 9.3%, 880 basis points worse than the prior-year quarter. Net margin was 8.6%, 250 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $143.0 million. The average EPS estimate is $0.39.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 484 members out of 499 rating the stock outperform, and 15 members rating it underperform. Among 99 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 95 give Actuate a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Actuate is outperform, with an average price target of $7.67.
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