EPIQ Systems, Inc. (NASDAQ:EPIQ) delivered a profit and met Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company..
EPIQ Systems, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 8.33% to $0.26 in the quarter versus EPS of $0.24 in the year-earlier quarter.
Revenue: Rose 19.77% to $88.2 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: EPIQ Systems, Inc. reported adjusted EPS income of $0.26 per share. By that measure, the company missed the mean analyst estimate of $0.26. It missed the average revenue estimate of $94.11 million.
Key Stats (on next page)…