VASCO Data Security International Catches Analysts Sleeping Again
VASCO Data Security International (NAS: VDSI) reported earnings on Feb. 16. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), VASCO Data Security International beat expectations on both revenues and earnings per share.
Compared to the prior-year quarter, both revenue and GAAP earnings per share grew significantly.
Gross margin dropped, operating margin contracted, and net margin expanded.
VASCO Data Security International logged revenue of $48.5 million. The four analysts polled by S&P Capital IQ predicted net sales of $42.1 million on the same basis. GAAP reported sales were 47% higher than the prior-year quarter's $33.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at $0.29. The two earnings estimates compiled by S&P Capital IQ predicted $0.13 per share on the same basis. GAAP EPS of $0.28 for Q4 were 65% higher than the prior-year quarter's $0.17 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 66.0%, 460 basis points worse than the prior-year quarter. Operating margin was 18.7%, 430 basis points worse than the prior-year quarter. Net margin was 22.2%, 200 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $37.1 million. On the bottom line, the average EPS estimate is $0.09.
Next year's average estimate for revenue is $169.9 million. The average EPS estimate is $0.49.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 2,001 members out of 2,068 rating the stock outperform, and 68 members rating it underperform. Among 584 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 573 give VASCO Data Security International a green thumbs-up, and 11 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on VASCO Data Security International is outperform, with an average price target of $9.75.
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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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