DTS (NAS: DTSI) filed its 10-K on Mar. 2. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), DTS met expectations on revenue and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased and GAAP earnings per share increased significantly.
Margins expanded across the board.
DTS booked revenue of $29.0 million. The 11 analysts polled by S&P Capital IQ hoped for a top line of $28.7 million on the same basis. GAAP reported sales were 8.0% higher than the prior-year quarter's $26.9 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 $0.52. The 11 earnings estimates compiled by S&P Capital IQ predicted $0.48 per share on the same basis. GAAP EPS of $0.42 for Q4 were 24% higher than the prior-year quarter's $0.34 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 99.3%, 60 basis points better than the prior-year quarter. Operating margin was 40.4%, 350 basis points better than the prior-year quarter. Net margin was 24.4%, 150 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $26.2 million. On the bottom line, the average EPS estimate is $0.37.
Next year's average estimate for revenue is $114.0 million. The average EPS estimate is $1.63.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 51 members out of 71 rating the stock outperform, and 20 members rating it underperform. Among 24 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 18 give DTS a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on DTS is outperform, with an average price target of $34.22.
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At the time thisarticle 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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