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Interesting Earnings For Jan. 28

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Here is a list of interesting earnings for Jan 28.

1.Northrim BanCorp, Inc. (NRIM) reported fourth quarter net income of $6.67 mln or $0.97 per share vs $2.68 mln or $0.40 per share a year ago.

Net interest income was $14.5 million in the fourth quarter compared to $11.5 million in the same quarter a year ago.

Analysts expected the company to report net income of $0.57 per share on revenues of $14.1 million for the period.

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2. Abiomed Inc. (ABMD), provider of breakthrough heart support technologies, said that the Impella RP (Right Percutaneous) System has received U.S. Food and Drug Administration approval under a Humanitarian Device Exemption or HDE. This innovative medical device is the first percutaneous single access heart pump designed for right heart support to receive FDA approval.

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3. Electronic Arts Inc. (EA) reported preliminary third-quarter net income of $142 million or $0.44 per share, compared to a loss of $308 million or $1.00 per share, prior year. Adjusted earnings per share was $1.22, for the quarter.

On average, 22 analysts polled by Thomson Reuters expected the company to report profit per share of $0.92 for the quarter. Analysts' estimates typically exclude special items.

Net revenue increased to $1.13 billion from $808 million last year. Non-GAAP net revenue was $1.43 billion, compared to $1.57 billion. Analysts expected revenue of $1.29 billion for the quarter.

For fiscal 2015 ending March 31, 2015, the company expects: GAAP net revenue to be approximately $4.485 billion; Non-GAAP net revenue to be approximately $4.253 billion; GAAP earnings per share to be approximately $2.57; and Non-GAAP earnings per share to be approximately $2.35. Analysts expect the company to report fiscal year earnings per share of $2.09 on revenue of $4.20 billion.

For the fourth quarter of fiscal 2015, the company expects: GAAP net revenue to be approximately $1.155 billion; Non-GAAP net revenue to be approximately $830 million; GAAP earnings per share to be approximately $1.07; and Non-GAAP earnings per share to be approximately $0.22. Analysts expect the company to report fourth-quarter earnings per share of $0.26 on revenue of $911.64 million.

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4. TSYS (TSS) reported fourth-quarter net income to shareholders of $79.86 million or $0.43 per share, compared to $65.66 million or $0.34 per share, prior year. Adjusted earnings per share from continuing operations was $0.58, for the quarter.

On average, 20 analysts polled by Thomson Reuters expected the company to report profit per share of $0.53 for the quarter. Analysts' estimates typically exclude special items.

Revenues before reimbursable items were $569.3 million, an increase of 8.4%. Revenue increased to $635.10 million from $583.10 million last year. Analysts expected revenue of $623.47 million for the quarter.

The company expects 2015 total revenues in the range of $2.62 billion to $2.66 billion. Adjusted EPS attributable to shareholders from continuing operations are expected to be in the range of $2.17 to $2.21. Analysts expect the company to report 2015 earnings per share of $2.21 on revenue of $2.65 billion.

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5. Apple Inc. (AAPL) reported net income for the first quarter of $18.0 billion or $3.06 per share, compared to $13.1 billion or $2.07 per share for the year-ago quarter.

Net sales for the first quarter rose to $74.60 million from $57.59 million in the same quarter last year.

The results were fueled by all-time record revenue from iPhone and Mac sales as well as record performance of the App Store, the company said. iPhone unit sales of 74.5 million also set a new record.

Analysts polled by Thomson Reuters expected the company to earn $2.60 per share on revenue of $67.69 billion for the first quarter. Analysts' estimates typically exclude special items.

Looking forward, Apple forecasts second quarter revenue of $52 billion to $55 billion. Gross margin for the second quarter is expected to be between 38.5% and 39.5%. Analysts currently expect the company to post revenue of $53.79 billion for the second quarter.

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6. Customers Bancorp, Inc. (CUBI) reported fourth quarter net income of $13.2 million or $0.47 per share compared with $9.0 million or $0.32 per share for the year ago quarter. Analysts expected the company to report net income of $0.44 per share for the quarter.

Q4 net interest income was $44.99 mln vs $27.91 mln a year ago.

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7. Illumina Inc. (ILMN) Tuesday reported fourth-quarter net income of $153.3 million or $1.03 per share, up from $80.7 million or $0.56 per share last year.

Adjusted earnings for the quarter rose to $0.87 per share from $0.45 per share last year.

Revenues for the quarter rose to $512.4 million from $387.3 million last year.

Analysts polled by Thomson Reuters expected the company to earn $0.78 per share on revenue of $507.65 million for the quarter. Analysts' estimates typically exclude special items.

Looking forward to the fiscal year 2015, the company is projecting about 20 percent revenue growth and adjusted earnings of $3.12 to $3.18 per share. Analysts currently estimate earnings of $3.20 per share on revenue growth of 22 percent.

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8. Freescale Semiconductor, Ltd. (FSL) reported fourth-quarter net income of $63 million or $0.20 per share, compared to a loss of $118 million or $0.46 per share, prior year. Adjusted earnings per share was $0.42, for the quarter.

On average, 16 analysts polled by Thomson Reuters expected the company to report profit per share of $0.33 for the quarter. Analysts' estimates typically exclude special items.

Net sales increased to $1.10 billion from $1.08 billion last year. Analysts expected revenue of $1.10 billion for the quarter.

For the first quarter of 2015, the company expects, net sales to be between $1.135 billion and $1.185 billion. Analysts expect the company to report first-quarter revenue of $1.11 billion.

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9. Informatica Corp. (INFA) reported net income for the fourth quarter of $43.6 million or $0.40 pr share, compared to $39.9 million or $0.36 per share for the year-ago quarter.

Excluding items, adjusted net income for the fourth quarter was $61.5 million or $0.56 per share, compared to $54.8 million or $0.49 per share in the prior year quarter.

Total revenues for the fourth quarter rose 10% to $303.7 million from $276.0 million a year earlier.

Analysts polled by Thomson Reuters expected the company to earn $0.51 per share on revenue of $296.14 million for the fourth quarter. Analysts' estimates typically exclude special items.

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10. Flotek Industries, Inc. (FTK) reported fourth quarter net income of $16.27 mln or $0.29 per share vs $11.01 mln or $0.20 per share a year ago.

For the three months ended December 31, 2014, Flotek posted revenue of $124.5 million, an increase of 23.5%, compared to $100.8 million in the same period of 2013.

Analysts expected the company to report net income of $0.28 per share on revenues of $123 million for the period.

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11. Marten Transport, Ltd. (MRTN) reported fourth quarter net income of $9.0 million, or $0.27 per hare, from $7.3 million, or $0.22 per share, for the year ago period.

Q4 revenue was $173.55 mln vs $166.22 mln a year ago.

Analysts expected the company to report net income of $0.26 per share on revenues of $176.96 million for the period.

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12. Biotechnology giant Amgen Inc (AMGN) on Tuesday reported fourth-quarter net earnings of $1.29 billion or $1.68 per share compared with $1.02 billion or $1.33 per share last year.

Excluding items, adjusted earnings for the quarter were $2.16 per share compared with $1.82 per share a year ago.

Revenues for the quarter were up 6% at $5.33 billion compared with $5.01 billion in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $2.05 per share on revenues of $5.20 billion for the quarter. Analysts' estimates typically exclude special items.

The company benefited from strong demand for drugs such as Enbrel, Prolia, Xgeva, and Neulasta.

For the full year 2015, the company still expects adjusted earnings of $9.05 to $9.40 per share on revenues of $20.8 billion to $21.3 billion. Analysts expect earnings of $9.29 per share on revenues of $20.87 billion.

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13. Open Text Corporation (OTEX) reported second-quarter net income to company of $74.29 million or $0.60 per share, compared to $53.50 million or $0.45 per share, prior year. Adjusted earnings per share was $0.97, for the quarter.

On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $0.97 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $467.85 million from $363.51 million last year. Analysts expected revenue of $486.73 million for the quarter.

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14. Amdocs Limited (DOX) reported first-quarter net income of $130.99 million or $0.83 per share, compared to $101.44 million or $0.63 per share, prior year. Adjusted earnings per share were $0.88, for the quarter.

On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $0.81 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $906.29 million from $864.05 million last year. Analysts expected revenue of $909.28 million for the quarter.

Amdocs expects revenue for the second quarter will be approximately $900-$930 million. Earnings per share on a non-GAAP basis for the second quarter are expected to be $0.78-$0.84. Amdocs estimates GAAP earnings per share for the second quarter will be $0.64-$0.72. Analysts expect the company to report second-quarter earnings per share of $0.84 on revenue of $926.48 million.

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15. Mercury Systems, Inc. (MRCY) reported GAAP income from continuing operations for the second quarter of $2.9 million, or $0.09 per share, compared to GAAP loss from continuing operations of $0.8 million, or $0.02 per share, for the prior year's second quarter.


Second quarter fiscal 2015 revenues were $57.1 million, an increase of 12.0%, compared to the second quarter of fiscal 2014

Analysts expected the company to report net income of $0.04 per share on revenues of $56.36 million for the period.

Q3 Outlook

For the third quarter, revenues are currently forecasted to be in the range of $56.0 million to $60.0 million.

GAAP income per share from continuing operations is expected to be in the range of $0.10 to $0.14 per share.

Analysts currently expect the company to report net income of $0.11 per share on revenues of $60.85 million for the period.

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16. Camden National Corporation (CAC) reported fourth quarter net income of $6.09 mln or $0.82 per share vs $4.42 mln or $0.58 per share a year ago.

Q4 Net interest income was $19.26 mln vs $18.35 mln a year ago.

Q4 net income was $6.09 mln or $0.82 per share vs $4.42 mln or $0.58 per share a year ago.

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17. AT&T Inc. (T) reported a net loss for the fourth quarter of $4.0 billion or $0.77 per share, compared to net income of $6.9 billion or $1.31 per share for the year-ago quarter.

Adjusting for $0.94 from the non-cash actuarial loss on benefit plans, $0.25 non-cash write-off of certain network assets, and $0.13 for merger and integration-related expenses, the loss on the sale of Connecticut wireline operations, and other asset impairments, adjusted earnings per share for the fourth quarter was $0.55, compared to $0.53 in the prior year quarter.

Consolidated revenues for the fourth quarter rose 3.8% to $34.44 billion from $33.16 billion a year ago.

Analysts polled by Thomson Reuters expected the company to earn $0.55 per share on revenue of $34.26 billion for the fourth quarter. Analysts' estimates typically exclude special items.

On a business-as-usual basis without the impact of DIRECTV and the Mexico wireless properties, AT&T expects to deliver continued consolidated revenue growth and adjusted EPS growth in the low single-digit range in 2015.

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