Charting Inphi's Latest Earnings Release
Inphi (NYS: IPHI) reported earnings on Feb. 1. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Inphi beat expectations on revenues and exceeded expectations on earnings per share.
Compared to the prior-year quarter, revenue contracted significantly, and GAAP loss per share contracted.
Margins dropped across the board.
Inphi tallied revenue of $17.3 million. The five analysts polled by S&P Capital IQ anticipated revenue of $16.5 million. Sales were 18% lower than the prior-year quarter's $21.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
EPS came in at -$0.01. The five earnings estimates compiled by S&P Capital IQ predicted -$0.05 per share. GAAP EPS were -$0.01 for Q4 compared to -$0.72 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 63.8%, 140 basis points worse than the prior-year quarter. Operating margin was -11.5%, 2,200 basis points worse than the prior-year quarter. Net margin was -1.6%, 1,570 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $19.8 million. On the bottom line, the average EPS estimate is -$0.01.
Next year's average estimate for revenue is $97.9 million. The average EPS estimate is $0.16.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 22 members rating the stock outperform. Among seven CAPS All-Star picks (recommendations by the highest-ranked CAPS members), seven give Inphi a green thumbs-up, and none give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Inphi is outperform, with an average price target of $12.80.
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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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