- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Internet Capital Group Inc. (NASDAQ:ICGE) had a loss and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 3.07%.
Internet Capital Group Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased to $-0.09 in the quarter versus EPS of $0.22 in the year-earlier quarter.
Revenue: Rose 48.48% to $53.6 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Internet Capital Group Inc. reported adjusted EPS loss of $0.09 per share. By that measure, the company beat the mean analyst estimate of $-0.2. It beat the average revenue estimate of $52.64 million.
Quoting Management: “2012 was a year of remarkable accomplishments at ICG from both an operational and strategic perspective,” said Walter Buckley, ICG’s Chief Executive Officer. “We exceeded our revenue guidance and entered 2013 with a strong recurring revenue base that provides the foundation for continued growth and profitability.”
Key Stats (on next page)…
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.