Inteliquent Earnings: Here’s Why Investors are Selling Shares Now
Inteliquent Inc Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 800% to $1.08 in the quarter versus EPS of $0.12 in the year-earlier quarter.
Revenue: Decreased 21.78% to $53.4 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Inteliquent Inc reported adjusted EPS income of $1.08 per share. By that measure, the company beat the mean analyst estimate of $0.07. It missed the average revenue estimate of $54.27 million.
Key Stats (on next page)…
Revenue decreased 23.35% from $69.67 million in the previous quarter. EPS increased 414.29% from $0.21 in the previous quarter.
Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a loss of $0 to a profit $0.07. For the current year, the average estimate has moved up from a profit of $0.23 to a profit of $0.43 over the last ninety days.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)