Summit Networks Inc. (SNTW) Gross Margin (2014 - 2017)
Summit Networks (SNTW) posted quarterly Gross Margin of 20.74% for Q2 2017, up 362.0% year-over-year from 4.49% in Q2 2016, and down 59.93% quarter-over-quarter from 51.75% in Q1 2017.
Summit Networks Inc. (SNTW) Gross Margin (2014 - 2017) Analysis & Trends
Summit Networks (SNTW) has reported Gross Margin for 4 consecutive years, with 20.74% the latest figure, recorded in Q2 2017.
- In Q2 2017, Gross Margin rose 362.0% year-over-year to 20.74%; the TTM figure through Apr 2017 stood at 22.73% (up 2393.0% YoY), while the FY2016 annual figure was 34.89%, up 937.0% from the prior year.
- Gross Margin slipped to 20.74% in Q2 2017 per SNTW's latest filing, from 51.75% in the prior quarter.
- Across five years, Gross Margin topped out at 69.21% in Q4 2014 and bottomed at 50.68% in Q3 2015.
- Historically, Gross Margin has averaged 26.55% across 4 years, with a median of 20.74% in 2017.
- On a YoY basis, Gross Margin climbed as much as 6837 bps in 2016 and fell as far as 4940 bps in 2016.
- Summit Networks' Gross Margin stood at 69.21% in 2014, then slipped by 13 bps to 60.13% in 2015, then slumped by 82 bps to 10.73% in 2016, then jumped by 93 bps to 20.74% in 2017.
- Business Quant data shows SNTW's Gross Margin at 20.74% in Q2 2017, 51.75% in Q1 2017, and 10.73% in Q4 2016.
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Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2017 | 20.74% |
| Jan 31, 2017 | 51.75% |
| Oct 31, 2016 | 10.73% |
| Jul 31, 2016 | 17.69% |
| Apr 30, 2016 | 17.12% |
| Jan 31, 2016 | 7.49% |
| Oct 31, 2015 | 60.13% |
| Jul 31, 2015 | -50.68% |
| Apr 30, 2015 | 62.50% |
| Jan 31, 2015 | 25.36% |
| Oct 31, 2014 | 69.21% |