Charm Communications (NAS: CHRM) reported earnings on March 18. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Charm Communications whiffed on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped significantly. Non-GAAP earnings per share dropped to a loss. GAAP earnings per share dropped to a loss.
Margins dropped across the board.
Charm Communications logged revenue of $47.1 million. The two analysts polled by S&P Capital IQ predicted a top line of $53.2 million on the same basis. GAAP reported sales were 41% lower than the prior-year quarter's $80.3 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 -$0.10. The one earnings estimate compiled by S&P Capital IQ anticipated -$0.05 per share. Non-GAAP EPS were -$0.10 for Q4 compared to $0.36 per share for the prior-year quarter. GAAP EPS were -$0.13 for Q4 compared to $0.35 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 27.6%, much worse than the prior-year quarter. Operating margin was -8.8%, much worse than the prior-year quarter. Net margin was -10.7%, much worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $40.8 million. On the bottom line, the average EPS estimate is $0.08.
Next year's average estimate for revenue is $199.7 million. The average EPS estimate is $0.40.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 11 members out of 16 rating the stock outperform, and five members rating it underperform. Among one CAPS All-Star picks (recommendations by the highest-ranked CAPS members), give Charm Communications a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Charm Communications is outperform, with an average price target of $9.25.
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The article Charm Communications Goes Red 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 of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. 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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