- ALTV's revenue growth has slightly outpaced the industry average of 0.9%. Since the same quarter one year prior, revenues slightly increased by 0.5%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- ALTV's debt-to-equity ratio is very low at 0.02 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with this, the company maintains a quick ratio of 2.58, which clearly demonstrates the ability to cover short-term cash needs.
- The gross profit margin for ALTEVA is rather high; currently it is at 61.38%. 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 -17.56% is in-line with the industry average.
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Diversified Telecommunication Services industry. The net income has significantly decreased by 487.8% when compared to the same quarter one year ago, falling from $0.34 million to -$1.33 million.
- Net operating cash flow has significantly decreased to -$10.89 million or 1399.64% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. All three major indices traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 260 points (1.5%) at 17,814 as of Thursday, Jan. 22, 2015, 4:20 PM ET. The NYSE advances/declines ratio sits at 2,444 issues advancing vs. 659 declining with 120 unchanged. The Telecommunications industry as a whole closed the day up 1.2% versus the S&P 500, which was up 1.5%. Top gainers within the Telecommunications industry included Glowpoint ( GLOW), up 4.0%, WPCS International ( WPCS), up 5.9%, Optical Cable ( OCC), up 2.0%, Alteva ( ALTV), up 1.7% and Envivio ( ENVI), up 2.1%. TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today: Alteva ( ALTV) is one of the companies that pushed the Telecommunications industry higher today. Alteva was up $0.12 (1.7%) to $7.32 on light volume. Throughout the day, 1,076 shares of Alteva exchanged hands as compared to its average daily volume of 13,600 shares. The stock ranged in a price between $7.15-$7.32 after having opened the day at $7.15 as compared to the previous trading day's close of $7.20. Alteva, Inc., a cloud-based communications company, provides unified communication solutions for organizations. The company operates in two segments, Unified Communications and Telephone. Alteva has a market cap of $43.2 million and is part of the technology sector. Shares are up 2.1% year-to-date as of the close of trading on Wednesday. Currently there are no analysts who rate Alteva a buy, no analysts rate it a sell, and 1 rates it a hold. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings rates Alteva as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself. Highlights from TheStreet Ratings analysis on ALTV go as follows: