Nanometrics (Nasdaq: NANO ) reported earnings on Feb. 4. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 29 (Q4), Nanometrics met expectations on revenues and exceeded expectations on earnings per share.
Compared to the prior-year quarter, revenue shrank significantly and GAAP loss per share grew.
Margins dropped across the board.
Revenue details
Nanometrics chalked up revenue of $30.3 million. The six analysts polled by S&P Capital IQ hoped for a top line of $30.2 million on the same basis. GAAP reported sales were 33% lower than the prior-year quarter's $45.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
EPS came in at -$0.13. The five earnings estimates compiled by S&P Capital IQ predicted -$0.15 per share. GAAP EPS were -$0.16 for Q4 versus -$0.02 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Margin details
For the quarter, gross margin was 41.6%, 500 basis points worse than the prior-year quarter. Operating margin was -21.6%, 2,600 basis points worse than the prior-year quarter. Net margin was -12.0%, 1,080 basis points worse than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $35.3 million. On the bottom line, the average EPS estimate is -$0.07.
Next year's average estimate for revenue is $191.6 million. The average EPS estimate is $0.49.
Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Nanometrics is outperform, with an average price target of $16.20.
Is Nanometrics your best play in technology? 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 Nanometrics to My Watchlist.
No comments:
Post a Comment