Category: Software

tripadvisor NASDAQ:TRIP Trip
BioTech, Software

Talisman Energy Moving in Right Direction After Q4 Results

Trip Advisor (TLM) reported Q413 CFPS of $0.56, ~3% lower than our estimate of $0.58 but in line with consensus of $0.56 based on a company survey of analysts. Quarterly production of 387 mboe/d was slightly lower than our estimate of 393 mboe/d and consensus of 389 mboe/d. Operating EPS of ($0.11) was lower than our estimate of ($0.03) and consensus of $0.01, and included … Continue reading Talisman Energy Moving in Right Direction After Q4 Results

Adam Keintzel
Services Sector, Software

ING Beats Street Estimates Across the Board

This morning, ING Inc (VOYA) reported operating EPS from the ongoing business of $0.75, better than our $0.71 estimate and the consensus of $0.69. After stripping out DAC unlocks and better NII from some Lehman recoveries, we believe the company defines core of $0.68, in line with our expectation for core earnings for the quarter. The core beat vs. our expectations was driven by better … Continue reading ING Beats Street Estimates Across the Board

Jason Knox
tripadvisor NASDAQ:TRIP Trip
news, Software

Trip Advisor Posts Solid Numbers in Quarter

Trip Advisor (TRIP) reported solid 4Q earnings with rev. 3% above our estimate, helped by strength in Display (46% y/y) and Other (53% y/y). Adj. EBITDA was 1% below consensus and 9% below our forecast largely due to higher than expected TV ad spend, which we believe was amplified in the quarter as the company sought to test and refine within the somewhat new channel. … Continue reading Trip Advisor Posts Solid Numbers in Quarter

John Meady
Software

3D Systems Forecasts 2014 Declines

3D Systems announced preliminary fourth quarter and full year 2013 results Wednesday morning, with revenue in line with expectations and a full-year adjusted EPS range of $0.83-$0.87, below previous guidance and consensus expectations. Management’s previous full-year adjusted EPS guidance range was $0.93-$1.03 and consensus was $0.97. GAAP EPS for the full year are expected to be $0.43-$0.45. The earnings shortfall was attributed to gross margin … Continue reading 3D Systems Forecasts 2014 Declines

Adam Keintzel
BioTech, Software

Automatic Data Processing Posts Strong Growth in Quarter

Automatic Data Processing (ADP) reported solid fiscal second-quarter results Wednesday morning. Revenue growth was 9%, and EPS of $0.78 were about $0.01 above our estimate, although the $0.01 of upside is mainly attributable to a lower-than-expected tax rate. The fastest-growing part of the company remained the PEO segment (up 14%, 18% of total revenue), but revenue growth also was slightly better than expected in the … Continue reading Automatic Data Processing Posts Strong Growth in Quarter

John Meady
Software, Tech IPO

TechTarget Has Muted Outlook but Strong Forecasts for 2014

TechTarget (TTGT) reported essentially in-line 3Q13 results as revenue growth in product offerings and international were able partially offset ongoing weakness in the North American IT Market. Total revenue fell 10% year over year, and while 4Q revenue guidance of a 7% year over year decline at the mid-point calls for minimal improvement, management cited a return to double-digit growth in Online revenue for 2014 … Continue reading TechTarget Has Muted Outlook but Strong Forecasts for 2014

Colin Pettis