Q: Kindly analyse DSG earnings results for us.
Thanks
Sheldon
Thanks
Sheldon
5i Research Answer:
EPS of 43c missed estimates of 55c (GAAP). Revenue rose 13% to $167.5M but missed estimates of $169.9M. Cash flow rose 19% to $60.7M. Net income rose 18%. EPS rose 16%. EBITDA rose 14% to $75M and matched estimates. Gross margin rose 2 points. Cash is $236.1M. The stock will take a hit on the 'miss' but growth remains decent and EPS is expect to grow 24% this year based on consensus. The financial strength may help it withstand some short term market volatility. We are comfortable.