Lionbridge Technologies Earnings: Here’s Why Investors are Happy Now

Lionbridge Technologies Inc. (NASDAQ:LIOX) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 14.32%.

Lionbridge Technologies Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 50% to $0.06 in the quarter versus EPS of $0.04 in the year-earlier quarter.

Revenue: Rose 3.53% to $123.4 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Lionbridge Technologies Inc. reported adjusted EPS income of $0.06 per share. By that measure, the company beat the mean analyst estimate of $0.03. It beat the average revenue estimate of $121.28 million.

Quoting Management: “Our positive second quarter results indicate strengthening demand across our business. Large accounts are spending again. Our new offerings are scaling. And our new business is accelerating as we deliver integrated, global crowd-in-the-cloud solutions,” said Rory Cowan, CEO of Lionbridge. “With solid revenue momentum and the benefits of our cost reduction program, we expect performance to strengthen in the second half of 2013 with ongoing expansion in 2014.”

Key Stats (on next page)…

Revenue increased 8.56% from $113.67 million in the previous quarter. EPS increased to $0.06 in the quarter versus EPS of $-0.05 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.08 to a profit $0.01. For the current year, the average estimate has moved down from a profit of $0.3 to a profit of $0.03 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

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