Bottomline Technologies Beats Analyst Estimates on EPS
Bottomline Technologies (NAS: EPAY) reported earnings on Jan. 31. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q2), Bottomline Technologies beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share increased.
Gross margins dropped, operating margins expanded, and net margins dropped.
Bottomline Technologies chalked up revenue of $55.1 million. The 10 analysts polled by S&P Capital IQ expected to see sales of $54.0 million. Sales were 24% higher than the prior-year quarter's $44.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
Non-GAAP EPS came in at $0.27. The 10 earnings estimates compiled by S&P Capital IQ anticipated $0.26 per share on the same basis. GAAP EPS of $0.07 for Q2 were 17% higher than the prior-year quarter's $0.06 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 55.4%, 170 basis points worse than the prior-year quarter. Operating margin was 8.8%, 180 basis points better than the prior-year quarter. Net margin was 4.5%, 20 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $55.9 million. On the bottom line, the average EPS estimate is $0.27.
Next year's average estimate for revenue is $220.8 million. The average EPS estimate is $1.07.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 40 members out of 55 rating the stock outperform, and 15 members rating it underperform. Among 18 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 15 give Bottomline Technologies a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Bottomline Technologies is outperform, with an average price target of $27.
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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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