Posts tagged ah

ESRX- very good reward-to-risk trade. I think at least 2:1.

PWER- speculative
SFLY – price in probably, 7x EV
TSYS – 10x EV, use EBITDA EPS,lol. EPS roughly 0.4 only.
FLXS – GM% surge, 0.45, but sustainable?
OPWV- price action does not look good.

VIRL- semiconductor

Record First Quarter Results Put Company on Track to Achieve Approximately 100% Year over Year Revenue Growth for Fiscal 2010

Reports Q1 (Dec) earnings of $0.06 per share, excluding non-recurring items, $0.06 better than the single analyst est of ($0.00); revenues rose 92.0% year/year to $21.7 mln vs the $18.7 mln single analyst est. Co issues upside guidance for Q2, sees EPS of $0.01-$0.02 vs. ($0.01) single analyst est; sees Q2 revs of $23.5-24 mln vs. $23.15 mln single analyst est

“For the second quarter fiscal 2010, we are projecting revenues of $23.5 million to $24.0 million and non-GAAP EPS results of $0.01 to $0.02 per share including the estimated first full quarter impact of ($0.05) from our Strategic Outsourcing business, acquired from NXP in mid-Q1, FY2010. As we have stated previously, we expect that this Strategic Outsourcing business will contribute positively to our corporate EPS by Q4, FY2010. During the second quarter, the Company expects to realize, before tax and any extraordinary charges, approximately $3.5 million to $3.7 million in non-GAAP adjustments comprised primarily of stock-compensation, amortization and acquisition-related expenses.”

JOEZ-

adv% of slaes = 3% FY09, expect to be roughly same. SGA% same for FY10

targeting 30% EBITDA margin????

COMPS up 40%

ATCO- Audio/Video Prod, LtoP/114.7/0.06

one time 0.596, imples 0.4 this quarter only, no tax

APKT- Network Product, b0.01/22/35/0.11

Reports Q4 (Dec) earnings of $0.11 per share, $0.01 better than the First Call consensus of $0.10; revenues rose 35.0% year/year to $41.3 mln vs the $39.6 mln consensus. Co issues upside guidance for FY10, sees EPS of $0.44-0.47 vs. $0.42 consensus; sees FY10 revs of $182-186 mln vs. $168.56 mln consensus. “We are pleased to report strong fourth quarter results which were highlighted by record revenues and solid earnings growth. Accelerating demand for our solutions over the last year has led to growing momentum in all areas of the business,” said Andy Ory, President and Chief Executive Officer of Acme Packet, Inc. “Looking ahead, we now expect to deliver revenue and earnings growth of approximately 30% in 2010 with operating margin, excluding stock-based compensation and amortization of acquired intangible assets, approaching 30% by the fourth quarter.”

NETL- b0.17/97/125/0.59

eports Q4 (Dec) earnings of $0.59 per share, $0.17 better than the First Call consensus of $0.42; revenues rose 124.9% year/year to $69.5 mln vs the $61.9 mln consensus.

Co also sees Q1 non-GAAP gross margins to be approximately 65% (vs 63.9% consensus). For FY10, co sees non-GAAP EPS of approx $2.30 (vs $1.80 consensus), up from the co’s previous guidance of approx $1.75. Now sees FY10 revs of approx $350 mln (vs $296.8 mln consensus), up from the co’s previous guidance of approx $295 mln.

Earnings

RTEC- LtoL/76/-0.2, 30% Cash

Record fourth quarter orders of $75.3 million leads to strongest backlog in Company’s history.
Record book-to-bill ratio of 2.6 exceeded industry averages by more than 2X.

Next Quarter Rev estimate = 29M only.

The largest component of our business is inspection solutions for multiple segments of front-end and back-end markets. Making up nearly 60 percent of our product mix, these segments afford higher growth rates, limited competition, and expanding markets and applications.

NAVR- distribution, LtoP/-22.3/0.06, EV=88, 27%Debt

In light of results from the first three fiscal quarters, the company is updating its guidance for fiscal year 2010 as follows:

Net sales are anticipated to be between $500 million and $525 million;
EBITDA is expected to be between $25 million and $26 million; and
Cash flow from operations is anticipated to be positive.

Most segment EBIT comes from publishing, which only has 20M rev. Distribution has 124M, only generates 1.6M EBIT.

EXTR- not interesting

LOCM- web portals, b0.03/LtoP/71/0.13

Reports Q4 (Dec) earnings of $0.13 per share, $0.03 better than the First Call consensus of $0.10; revenues rose 70.8% year/year to $16.4 mln vs the $15.4 mln 1 analyst estimate. Co issues upside guidance for Q1, sees EPS of $0.13-0.14 vs. $0.11 2 analyst estimate; sees Q1 revs of $17.2-17.5 vs. $16.39 mln 2 analyst estimate. Co issues upside guidance for FY10, sees FY10 revs of $75 mln vs. $71.29 mln 1 analyst estimate.

“Although the fourth quarter is seasonally our weakest quarter, we were able to deliver revenue growth, manage costs and boost Adjusted Net Income to $2.0 million, which exceeded our expectations,” said Brenda Agius, chief financial officer. “In fact, of the $3.4 million generated in full year cash flow from operations, $2.8 million was generated during the fourth quarter alone. During the first half of 2010, we will be investing in our people, technology infrastructure and products in order to position the company for continued growth through 2010.”

For fiscal 2010, the company expects revenues to be approximately $75 million, which represents 33% growth over 2009.

Revenue – The company expects first quarter 2010 revenue of $17.2 million to $17.5 million.

Adjusted Net Income – Adjusted Net Income for Q1 2010 is expected to be $2.0 million to $2.2 million or between $0.13 to $0.14 per diluted share.

The Adjusted Net Income per share assumes a diluted weighted average share count of 15.5 million, taking into account the dilutive effect of stock options and warrants.

Projected Q1 2010 Adjusted Net Income Factors:

Interest Expense Q1 2010 = $50,000
State Tax Provision Expense Q1 2010 = $0 – $50,000
Depreciation Expense Q1 2010 = $325,000
Amortization Expense Q1 2010 = $1.0 million
Stock Compensation Expense Q1 2010 = $725,000
Warrant Revaluation Expense and Other Non-Recurring items Q1 2010 = Undeterminable *

If Rev=18M, probably 0.18 EPS, huge leverage company, Ideal Cap.

http://seekingalpha.com/article/163085-has-local-com-finally-turned-the-corner-with-a-top-10-search-ranking

Table 1: Top 10 Search Providers for August 2009, Ranked by Searches (U.S.)

TUP- possible

BOOT- 20.9/100/0.36

Well run, but 14x PE already.