RealPage Q4 Profit Declines; Issues Q1, FY14 Outlook - Quick Facts

(RTTNews) - RealPage, Inc. (RP) posted fourth-quarter net income of $2.2 million or $0.03 per share, compared to $3.7 million or $0.05 per share in the comparable quarter last year.

Non-GAAP net income rose to $12.4 million or $0.16 per share from $10.2 million or $0.14 per share in the prior year quarter. On average, eight analysts polled by Thomson Reuters expected the company to earn $0.17 per share. Analysts' estimates typically exclude special items.

Total revenue for the quarter were $95.52 million, up from $85.72 million in the year-ago period, while eight analysts expected revenues of $103.55 million.

Looking ahead to the first quarter, the company expects non-GAAP net income to be in the range of $0.15 per share to $0.16 per share and non-GAAP revenues in the range of $101.0 million to $102.0 million. Analysts currently expect net income of $0.17 per share on revenues of $107.10 million for the first quarter.

For fiscal 2014, the company expects non-GAAP net income to be in the range of $0.65 per share to $0.69 per share and non-GAAP revenues in the range of $440.0 million to $450.0 million. Analysts currently expect net income of $0.76 per share on revenues of $459.71 million for fiscal 2014.