Cbeyond Earnings: Everything You Must Know Now

Cbeyond, Inc. (NASDAQ:CBEY) had a loss and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.

Cbeyond, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased to $0.0 in the quarter versus EPS of $0.09 in the year-earlier quarter.

Revenue: Decreased 4.49% to $118.2 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Cbeyond, Inc. reported adjusted EPS loss of $0 per share. By that measure, the company beat the mean analyst estimate of $-0.05. It missed the average revenue estimate of $119.65 million.

Quoting Management: “I am pleased with the progress we are making at transitioning our company from a communications centric business to a cloud solutions provider for the small and mid-sized business segment,” said Jim Geiger, chief executive officer of Cbeyond, Inc. “This quarter, our 2.0 revenue doubled from the second quarter last year and our 2.0 metrics, such as ARPU and sales productivity, are moving in the right direction.”

Key Stats (on next page)…

Revenue decreased 0% from $0 in the previous quarter. EPS increased to $0.0 in the quarter versus EPS of $-0.02 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a loss of $0.06 and has not changed. For the current year, the average estimate has moved up from a loss of $0.23 to a loss of $0.21 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)