Integrated Silicon Solution Increases Sales but Misses Revenue Estimate
Integrated Silicon Solution (NAS: ISSI) reported earnings on Jan. 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q1), Integrated Silicon Solution missed on revenues and whiffed on earnings per share.
Compared to the prior-year quarter, revenue was unchanged and earnings per share dropped significantly.
Margins dropped across the board.
Integrated Silicon Solution recorded revenue of $66.2 million. The five analysts polled by S&P Capital IQ looked for revenue of $68.0 million. Sales were 0.1% higher than the prior-year quarter's $66.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
EPS came in at $0.13. The five earnings estimates compiled by S&P Capital IQ predicted $0.16 per share. GAAP EPS of $0.13 for Q1 were 50% lower than the prior-year quarter's $0.26 per share.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 33.5%, 50 basis points worse than the prior-year quarter. Operating margin was 7.7%, 190 basis points worse than the prior-year quarter. Net margin was 5.7%, 520 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $69.5 million. On the bottom line, the average EPS estimate is $0.20.
Next year's average estimate for revenue is $283.4 million. The average EPS estimate is $0.90.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 229 members out of 244 rating the stock outperform, and 15 members rating it underperform. Among 47 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 45 give Integrated Silicon Solution 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 Integrated Silicon Solution is buy, with an average price target of $12.70.
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At the time this article was published 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 ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. 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.
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