COMVERSE TECHNOLOGY INC/NY/
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Financials
SEC XBRL · annual| FY12 | FY11 | FY10 | FY09 | |
|---|---|---|---|---|
| Revenue | $1.59B | $1.62B | $1.53B | $1.63B |
| Operating income | $27.0M | −$49.9M | −$193.1M | −$193.8M |
| Net income | −$58.7M | −$132.3M | −$272.0M | −$325.3M |
| Total assets | $2.65B | $2.81B | $3.10B | — |
| Total liabilities | $2.10B | $2.33B | $2.59B | — |
| Equity | $441.5M | $413.0M | $422.5M | $763.2M |
| EPS (diluted) | $-0.28 | $-0.65 | $-1.33 | $-1.59 |
| Shares out. | 209.2M | 205.0M | 204.1M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2012- Operating margin
- 1.7%
- Net margin
- −3.7%
- Return on equity
- −13.3%
- Return on assets
- −2.2%
- Return on capital (ROCE)
- 1.6%
- Liabilities / assets
- 79.1%
- Debt / equity
- 4.75×
- Book value / share
- $2.11
- Revenue growth (YoY)
- −1.8%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2012- Altman Z″ (distress)
- -1.66distress
- Accruals / assets
- −0.9%clean
- Beneish M-Score
- -2.51normal
- Piotroski F-Score
- 6/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 4 warning● 2 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Operating margin is positive
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Dec 11, 2012
- NT 10-Qmissed a reporting deadline ↗May 31, 2011
- NT 10-Kmissed a reporting deadline ↗Apr 8, 2011
- NT 10-Qmissed a reporting deadline ↗Dec 9, 2010
- NT 10-Qmissed a reporting deadline ↗Sep 10, 2010
- NT 10-Qmissed a reporting deadline ↗Jun 9, 2010
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Shareholder voteFeb 5, 2013
- Other material eventJan 4, 2013
- Other material eventDec 20, 2012
- Other material eventDec 14, 2012
- Completed an acquisition or dispositionNov 6, 2012
- Entered a material agreement · Director / officer change · Other material eventNov 2, 2012
- Completed an acquisition or disposition · Other material eventOct 19, 2012
- Other material eventOct 12, 2012
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Corporate family
Spin-offs from COMVERSE TECHNOLOGY INC/NY/ (1)
- XURA, INC.completedOct 31, 2012details
From the spin-off filings we track. Follow a company to walk its own history.
Event-driven situations (2)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.