Fleetmatics -24.5% AH due to soft EPS guidance


Though it beat Q4 revenue estimates and posted in-line EPS, Fleetmatics (FLTX) is guiding for Q1 EPS of $0.14-$0.16 and 2014 EPS of $0.80-$0.85, below consensus estimates of $0.25 and $1.12.

Top-line guidance is healthier - Q1 revenue of $51M-$52.5M vs. a $51.7M consensus, and 2014 revenue of $228M-$230M vs. a $227.9M consensus.

Ramping sales/marketing investments appear to be a culprit for the EPS guidance. Sales/marketing spend rose 52% Y/Y in Q4, outpacing revenue growth of 40% and equaling 32% of revenue.

Q4 results, PR

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Comments (1)
  • hindsight tradimg
    , contributor
    Comments (6) | Send Message
     
    hey nice quarter guys. keep up the lousy performance.
    20 Feb 2014, 08:27 PM Reply Like
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