SciQuest Inc Stock Downgraded (SQI)
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- SQI's revenue growth has slightly outpaced the industry average of 21.3%. Since the same quarter one year prior, revenues rose by 22.9%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- 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 110.8% when compared to the same quarter one year prior, rising from -$0.61 million to $0.07 million.
- SQI has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Despite the fact that SQI's debt-to-equity ratio is low, the quick ratio, which is currently 0.66, displays a potential problem in covering short-term cash needs.
- The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Internet Software & Services industry and the overall market, SCIQUEST INC's return on equity significantly trails that of both the industry average and the S&P 500.
- Net operating cash flow has significantly decreased to -$1.85 million or 176.40% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
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