SoundBite Communications Inc. Stock Upgraded (SDBT)
- SOUNDBITE COMMUNICATIONS INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. This trend suggests that the performance of the business is improving. During the past fiscal year, SOUNDBITE COMMUNICATIONS INC continued to lose money by earning -$0.21 versus -$0.25 in the prior year. This year, the market expects an improvement in earnings (-$0.08 versus -$0.21).
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Internet Software & Services industry. The net income increased by 83.4% when compared to the same quarter one year prior, rising from -$1.18 million to -$0.20 million.
- The gross profit margin for SOUNDBITE COMMUNICATIONS INC is rather high; currently it is at 64.90%. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of -1.80% is in-line with the industry average.
- Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. Compared to other companies in the Internet Software & Services industry and the overall market, SOUNDBITE COMMUNICATIONS INC's return on equity significantly trails that of both the industry average and the S&P 500.
- Net operating cash flow has decreased to $0.41 million or 46.92% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
-- Written by a member of TheStreet RatingsStaff
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.