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ARRIS International PLC (ARRS) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

ARRIS International PLC (ARRS) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. ARRIS International PLC is a media entertainment and data communications solutions provider. It provides Customer Premises Equipment including set-top, gateway, DSL and cable modem; and Network and Cloud including video infrastructure. ARRIS International PLC has a market cap of $5.52 billion; its shares were traded at around $31.70 with a P/E ratio of 50.32 and P/S ratio of 0.85. ARRIS International PLC had annual average EBITDA growth of 8.10% over the past five years.

For the last quarter ARRIS International PLC reported a revenue of $1.8 billion, compared with the revenue of $1.7 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $6.7 billion, an increase of 1.9% from last year. For the last five years ARRIS International PLC had an average revenue growth rate of 12.5% a year.

The reported diluted earnings per share was 62 cents for the year, an increase of 26.5% from previous year. The ARRIS International PLC had an operating margin of 3.33%, compared with the operating margin of 4.18% a year before. The 10-year historical median operating margin of ARRIS International PLC is 6.07%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, ARRIS International PLC has the cash and cash equivalents of $729.9 million, compared with $487.6 million in the previous year. The long term debt was $2 billion, compared with $2.1 billion in the previous year. The interest coverage to the debt is 2.4, which is not a favorable level. ARRIS International PLC has a financial strength rank of 5 (out of 10).

At the current stock price of $31.70, ARRIS International PLC is traded at close to its historical median P/S valuation band of $33.84. The P/S ratio of the stock is 0.85, while the historical median P/S ratio is 0.91. The stock gained 23.78% during the past 12 months.

Directors and Officers Recent Trades:

  • President, Enterprise Networks Ian Edward Whiting sold 14,067 shares of ARRS stock on 02/28/2019 at the average price of $31.65. The price of the stock has increased by 0.16% since.

For the complete 20-year historical financial data of ARRS, click here.

This article first appeared on GuruFocus.