NYSE$GIC

Global Industrial Company · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Systemax's sales increased and operating income improved in Q4 2019.

Systemax Inc. reported a 2.1% increase in consolidated sales, reaching $222.2 million in Q4 2019. Consolidated operating income increased by 3.6% to $14.4 million, and on a non-GAAP basis, it increased by 23.6% to $15.2 million. Net income per diluted share from continuing operations decreased by 9.1% to $0.30, while non-GAAP net income per diluted share increased by 15.4% to $0.30.

  • Consolidated sales increased by 2.1% to $222.2 million.
  • Consolidated operating income increased by 3.6% to $14.4 million.
  • Non-GAAP consolidated operating income increased by 23.6% to $15.2 million.
  • Non-GAAP net income per diluted share from continuing operations increased 15.4% to $0.30.

Headline financials

Total Revenue

$222M

Previous: $218M+2.1%
EPS (adj)

$0.30

Previous: $0.26+15.4%
Capital Expenditures

$700K

Previous: $1.6M-56.3%
Free Cash Flow

$2.8M

Previous: -$4M+170.0%
Net Income

$11.4M

Previous: $13.1M-13.0%
Operating Income

$14.4M

Previous: $13.9M+3.6%
Gross Profit

$75M

Previous: $73M+2.7%
Cash & Equivalents

$97.2M

Previous: $295M-67.1%
Total Assets

$397M

Previous: $530M-25.1%
Stock-Based Comp

$1.4M

Previous: $400K+250.0%

Revenue & EPS history

Global Industrial · Revenue · Quarterly

$222M

Q4 2019+2.1%vs Q4 2018
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

Systemax plans to accelerate its strategy by investing in the growth of its sales force, digital marketing, and product and category expansion. The company anticipates that its expanded distribution network and self-service digital tools will continue to improve efficiency and enhance customer experience. These investments, combined with its continuous improvement culture, will further strengthen its platform, enhance its competitive position and drive its long-term performance.

Tailwinds

  • Grow customer engagement
  • Generate operating leverage from current operations and investments
  • Delivering higher service levels
  • Greater end-to-end transaction transparency to customers
  • Invest in the growth of our sales force, digital marketing, and product and category expansion

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+1.4%

Avg return

Earnings day

-0.3%

Avg return

5 days after

+0.7%

Avg return

30 days after

55%

36 / 65 earnings

Positive

+32.5%

Q2 2015

Best reaction

-27.5%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.1%-10.9%-6.9%
Q4 2025+7.6%+8.9%+0.5%
Q3 2025-18.2%-19.8%-18.4%
Q1 2025+15.7%+15.4%+17.4%
Q4 2024-0.4%-4.2%-7.2%
Q3 2024-21.2%-19.8%-14.4%
Q2 2024-0.9%-5.5%-5.7%
Q1 2024-12.4%-11.7%-13.3%
Q4 2023-3.7%+1.6%+2.2%
Q3 2023+10.4%+8.5%+11.7%
Q2 2023+4.0%+11.7%+18.7%
Q1 2023-14.3%-12.6%-4.4%
Q4 2022-0.8%-3.8%-12.0%
Q3 2022-27.5%-25.2%-21.1%
Q2 2022-12.4%-10.0%-17.7%
Q1 2022+17.6%+9.3%+15.2%
Q4 2021-1.2%-7.6%+0.7%
Q3 2021-4.2%-1.2%-5.7%
Q2 2021+2.0%-0.2%+0.6%
Q1 2021-23.1%-19.8%-20.9%
Q4 2020-15.8%-18.2%-10.9%
Q3 2020+23.9%+21.2%+33.7%
Q2 2020+17.7%+14.8%+11.6%
Q1 2020+3.7%+1.0%+5.5%
Q4 2019-4.3%-8.2%-17.0%
Q3 2019-10.0%-12.9%-5.9%
Q2 2019+14.5%+6.8%+5.4%
Q1 2019+4.2%+3.0%-10.2%
Q4 2018-15.7%-13.6%-10.6%
Q3 2018+25.1%+19.7%+8.6%
Q2 2018+5.1%-12.9%-16.5%
Q1 2018-2.4%-2.4%+5.1%
Q4 2017-7.1%-6.0%-7.2%
Q3 2017+13.8%+9.4%+9.5%
Q2 2017+29.5%+43.2%+34.9%
Q1 2017+29.3%+29.7%+31.0%
Q4 2016+12.9%+13.8%+38.7%
Q3 2016-5.3%-4.1%+11.2%
Q2 2016+2.2%+0.6%-7.1%
Q1 2016-1.5%
Q4 2015+5.3%
Q3 2015-5.6%
Q2 2015+32.5%
Q1 2015-3.6%
Q4 2014+3.3%
Q3 2014+0.2%
Q2 2014+9.2%
Q1 2014-3.1%
Q4 2013+6.5%
Q3 2013+0.4%
Q2 2013+1.4%
Q1 2013-3.7%
Q4 2012-0.8%
Q3 2012-4.3%
Q4 2011+2.5%
Q2 2012+2.5%
Q1 2011-3.7%
Q1 2012+2.3%
Q4 2009+1.9%
Q3 2010+4.0%
Q3 2011+4.0%
Q2 2011+2.7%
Q2 2010+2.7%
Q4 2010+2.7%
Q1 2010-2.8%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro