Summit Networks Inc. (SNTW) Gross Margin (2014 - 2017)

Summit Networks (SNTW) has reported Gross Margin for 4 consecutive years, with 20.74% the latest figure, recorded in Q2 2017.

• On a quarterly basis, Gross Margin rose 362.0% year-over-year to 20.74% in Q2 2017; TTM through Apr 2017 was 22.73%, a 2393.0% increase from a year earlier, with the FY2016 full-year figure at 34.89%, up 937.0% from the prior year.
• Gross Margin was 20.74% for Q2 2017 at Summit Networks, down from 51.75% in the prior quarter.
• Over five years, Gross Margin peaked at 69.21% in Q4 2014 and troughed at 50.68% in Q3 2015.
• A 4-year average of 26.55% and a median of 20.74% in 2017 frame the typical range for Gross Margin.
• The widest YoY moves for Gross Margin: up 6837 bps in 2016, down 4940 bps in 2016.
• Over 4 years, Gross Margin stood at 69.21% in 2014, then retreated by 13 bps to 60.13% in 2015, then slumped by 82 bps to 10.73% in 2016, then surged by 93 bps to 20.74% in 2017.
• The last three Gross Margin figures came in at 20.74% (Q2 2017), 51.75% (Q1 2017), and 10.73% (Q4 2016), per Business Quant data.