CBR
PERIOD ENDING ....31-Dec-07 .30-Sep-07. 30-Jun-07 31-Mar-07
Retained Earnings .180,613 .. 173,531. . 166,370 ...158,841 <----
Total Revenue .....290,510... 265,737... 266,543 . 259,185 <-----
Purchase of Stock.. (2,770) ..(1,756)... (1,431) ..(3,746) <=====
Net Borrowings..... 11,638 ... 8,383 . (7,366).... 3,503
Qtrly Revenue Growth (yoy): 12.80% <---good
Qtrly Earnings Growth (yoy): -4.20% <---fair/poor
Total Debt (mrq): 210.92M <---19% of revenue...too high?
Short % of Float (as of 11-Mar-08): 8.10% <--motivated buyers increasing
http://stockcharts.com/charts/gallery.html?CBR
one more confirming double bottom trip below $5. Entry +/- 10c @[EMAIL PROTECTED]
looks good
CIBER, Inc. operates as a system integration and information technology
(IT) services consulting firm worldwide. The company offers its services
on a project or strategic staffing basis in both custom and enterprise
resource planning (ERP) package environments, as well as across various
technology platforms, operating systems, and infrastructures. It provides
IT project solutions and IT staffing in custom-developed software
environments, such as application development and maintenance,
outsourcing, and staffing services to the U.S. commercial customers, as
well as offers application ****tfolio management sup****t comprising
analysis, design, development, testing, implementation, and maintenance
of business applications. CIBER also provides various business and
technical consulting services comprising package implementation,
application development, systems integration, and sup****t services, and
Customer Relation****p Management software products, as well as offers
custom solutions to defense and civilian agencies of the U.S. Federal
Government and other quasi-governmental entities, such as school
districts and utilities. In addition, it provides consulting services to
sup****t multi package ERP solutions for customers in the U.S. from
various vendors, including SAP, Oracle, and Lawson; offers various supply
chain and education management products; focuses on providing customers
with the infrastructure on which to deploy their business applications;
and resells certain third party IT hardware and software products.
Further, its consulting services include *****sment and selection,
configuration, installation, server consolidation, performance
evaluation, and system architecture design. The company serves Fortune
1000 and middle market companies across various industries, as well as
governmental agencies. The company was founded in 1974 and is
headquartered in Greenwood Village, Colorado.
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• CIBER Begins Information Technology Project With Connecticut Department
of Environmental Protection
PR Newswire (Wed, Mar 26)
• CIBER Wins $3.6 Million Oracle Implementation Contract With Azusa
Pacific University
PR Newswire (Mon, Mar 24)
• Ciber, an Underfollowed Smallcap Gem
at Seeking Alpha (Mon, Mar 24)
• Anadarko Industries and CIBER Awarded First Option Year on $25 Million
Contract with Air Force Office of Scientific Research
PR Newswire (Mon, Mar 3)
• CDC Uses CIBER-Built Solution to Alert Public Health Officials and
Public Health Departments
PR Newswire (Mon, Feb 25)
----------------
from the 10k annual re****t:
In 2007, we acquired California-based Metamor Enterprise Solutions LLC
("Metamor"), which had approximately 100 consultants at the time of the
acquisition. Metamor provided SAP software implementation services and
was a reseller of SAP products. The Metamor acquisition provided scale to
our domestic SAP activities. Also in 2007, we acquired a small Swedish
SAP consulting business. In 2006, we acquired two small SAP consulting
businesses in Europe.
Total revenue for the year ended December 31, 2007, increased 9% compared
to total revenue for the year ended December 31, 2006. We are a global
company; therefore, our revenue is denominated in multiple currencies and
may be significantly affected by currency exchange-rate fluctuations.
Throughout 2007, the U.S. dollar weakened against many currencies,
resulting in favorable currency translation and greater re****ted U.S.
dollar revenues. For the year ended December 31, 2007, the weak U.S.
dollar resulted in an additional $28.8 million of re****ted revenue over
the year ended December 31, 2006. Additionally, a fourth quarter 2007
acquisition completed in Europe and the domestic SAP acquisition
completed in September 2007, plus two second quarter 2006 European
acquisitions contributed incremental revenue of approximately $7.5
million to the current year results. Excluding the favorable currency
translation effects and the incremental revenue from acquisitions, our
total revenue for the year ended December 31, 2007, increased 5% from
total revenue re****ted for the year ended December 31, 2006, primarily
due to increased SAP software-related services in Europe.
† Commercial segment revenue increased during the comparable years due to
a couple of new, large clients and engagement wins led by growth in our
Boston, Wa****ngton D.C. and Seattle offices. This segment can be
characterized in 2007 as providing stable contributions, but lacking
significant growth. Moving ahead, we are working to position this segment
to be more successful in gaining market share.
† $28.8 million of the $75.6 million increase in our European segment
revenue was due to favorable foreign currency fluctuations. Additionally,
Europe had another $2.7 million of incremental revenue from
smallacquisitions. Excluding these items, our European segment grew 18%
resulting from strong sales of SAP implementation services in all of our
major operating territories, and extending to Australia and New Zealand.
In the current year, Europe represents approximately 30% of our
consolidated revenue, compared to 24% of consolidated revenue in 2006.
For the first time in our history, during the last quarter of 2007,
Europe was our largest segment for that period. It would be difficult for
this segment to continue such a high level of growth in 2008, especially
if the U.S. dollar strengthens against the Euro and British Pound.
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