Ancestry.com Beats Up on Analysts Yet Again - DailyFinance

Ancestry.com is on a tear lately after taking a huge hit over their Q4 numbers.  Analysts responded after the fact with downgrades and price target reductions, but we still see a huge opportunity in the company.

From DailyFinance:

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Ancestry.com met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share expanded significantly.

Gross margins shrank, operating margins increased, net margins grew.

Revenue details
Ancestry.com reported revenue of $104.2 million. The seven analysts polled by S&P Capital IQ predicted net sales of $104.1 million on the same basis. GAAP reported sales were 26% higher than the prior-year quarter’s $82.7 million.

via Ancestry.com Beats Up on Analysts Yet Again – DailyFinance.