AsiaInfo Holdings (ASIA) is expected to report strong quarterly results on Wednesday with EPS up 39% and revenue up 53% year-over-year.
Telecommunications software and service provider AsiaInfo Holdings, Inc. [[ASIA]] is set to report second quarter earnings at 12 pm EDT on July 29th. Here’s what to expect:
EPS: $0.18
Revenue: $52.8 million
With 6 analysts offering estimates, EPS expectations range from $0.16 to $0.20 with the average estimate being $0.18. Even the bottom range is well above year-ago second quarter earnings of $0.13.
Revenue estimates are tightly grouped around $52 million, and if on target will jump more than 53% from a year ago.
AsiaInfo has exceeded expectations in three of its last three quarters, each time by more than 14%. Also, the average EPS estimate has crept-up slightly from $0.17 to $0.18 over the last 90 days, a bullish sign for earnings.
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Indeed. This company is supplying the giants. Their work is well-regarded and has resulted in many repeat contracts and contracts of increasing size. This is the kind of company you want to invest in since it is an independent supplier of each of the fastest telecom companies in the world. Great summary. I’m looking foward to enjoying the earnings report!