inContact Inc. – Strong software revenue growth in 2012
inContact, Inc. (NASDAQ:SAAS). Last Market Price: 3.99, Change: -0.07, % Change: (-1.72%). Shares trade in the range of 3.82 – 4.07 dollars. It has a market capitalization of 173.12M dollars, making it a Small Cap Stock and has 43.39M outstanding shares. The company has a beta of 1.08, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is -0.16. It operates in Technology sector and belongs to Software and Programming industry. Percentage shares held by institutional investors is 54%. The company has a 52 week Price range (low – high) of $ 2.57 – 5.30. Average volumes of shares traded daily are 151,971. Volume traded in the last session was at 61,594, 0.41 times the average volume.
- Company reports Q3 EPS of ($0.07)
- Revenues $22.2 million, better than estimates
- Company States: During the quarter, we achieved sequential success in bookings, and pipeline and software revenue growth. We expanded our referral program and progressed our reseller efforts. As a result of our continued momentum, our partnership with Siemens Enterprise Communications, and our proactive investments, we are confident that we will achieve strong software revenue growth and associated gross margin improvement in 2012
For Q2 (Jun ’11), It had a Net profit margin of -9.83%, an Operating margin of -8.12%. Other Key stats and ratios are : Return on average assets of -17.58%, Return on average equity of -29.09%. The organization has an employee strength of 330
Consensus Recommendation is a Outperform.
Estimate for sales for the Quarter Ending Dec-11 show a mean of 23.05 million dollars, an estimate high of 23.40 million dollars and an estimate low of 22.50 million dollars. A year ago the figures stood at 23.20 million dollars.
Estimate for sales for the Quarter Ending Mar-12 show a mean of 24.60 million dollars, an estimate high of 24.90 million dollars and an estimate low of 24.40 million dollars.
Estimate for EPS for the Quarter Ending Dec-11 show a mean of -0.06 dollars, an estimate high of -0.05 dollars and an estimate low of -0.09 dollars. A year ago the figures stood at 0.03 dollars.
Estimate for EPS for the Quarter Ending Mar-12 show a mean of -0.03 dollars, an estimate high of -0.02 dollars and an estimate low of -0.04 dollars.
Sales for Quarter Ending Sep-11 was estimated at 21.94 million dollars, however the actual sales figure stood at 22.15 million dollars, 0.21 million dollars more than estimates.
Sales for Quarter Ending Jun-11 was estimated at 21.35 million dollars, however the actual sales figure stood at 21.74 million dollars, 0.39 million dollars more than estimates.
Post Written By: Ed Liston
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht. |