CIBER (NYS: CBR) reported earnings on Nov. 6. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), CIBER missed estimates on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped significantly and GAAP earnings per share contracted to a loss.
Margins shrank across the board.
CIBER chalked up revenue of $215.8 million. The four analysts polled by S&P Capital IQ predicted a top line of $228.1 million on the same basis. GAAP reported sales were 20% lower than the prior-year quarter's $270.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.01. The five earnings estimates compiled by S&P Capital IQ predicted $0.01 per share. GAAP EPS were -$0.13 for Q3 compared to $0.04 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 25.3%, 10 basis points worse than the prior-year quarter. Operating margin was 2.1%, 80 basis points worse than the prior-year quarter. Net margin was -4.4%, 560 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $227.3 million. On the bottom line, the average EPS estimate is $0.01.
Next year's average estimate for revenue is $940.3 million. The average EPS estimate is $0.04.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 130 members out of 140 rating the stock outperform, and 10 members rating it underperform. Among 31 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 29 give CIBER 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 CIBER is outperform, with an average price target of $4.70.
Is CIBER playing the right part in the new technology revolution? Computers, mobile devices, and related services are creating huge amounts of valuable data, but only for companies that can crunch the numbers and make sense of it. Meet the leader in this field in "The Only Stock You Need To Profit From the NEW Technology Revolution." Click here for instant access to this free report.
Add CIBER to My Watchlist.
The article CIBER Goes Negative originally appeared on Fool.com.
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. The Motley Fool has no positions in the stocks mentioned above. 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.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.