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CareView Communications (CareView Communications) Operating Margin %

: -53.65% (As of Dec. 2023)
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Operating Margin % is calculated as Operating Income divided by its Revenue. CareView Communications's Operating Income for the three months ended in Dec. 2023 was $-0.95 Mil. CareView Communications's Revenue for the three months ended in Dec. 2023 was $1.77 Mil. Therefore, CareView Communications's Operating Margin % for the quarter that ended in Dec. 2023 was -53.65%.

Good Sign:

CareView Communications Inc operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for CareView Communications's Operating Margin % or its related term are showing as below:

CRVW' s Operating Margin % Range Over the Past 10 Years
Min: -221.46   Med: -55.68   Max: -7.1
Current: -7.11


CRVW's Operating Margin % is ranked worse than
70.83% of 648 companies
in the Healthcare Providers & Services industry
Industry Median: 3.805 vs CRVW: -7.11

CareView Communications's 5-Year Average Operating Margin % Growth Rate was 34.50% per year.

CareView Communications's Operating Income for the three months ended in Dec. 2023 was $-0.95 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.69 Mil.


CareView Communications Operating Margin % Historical Data

The historical data trend for CareView Communications's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CareView Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -51.46 -28.95 -14.70 -16.07 -7.10

CareView Communications Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.28 -28.96 22.10 -1.81 -53.65

Competitive Comparison

For the Health Information Services subindustry, CareView Communications's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CareView Communications Operating Margin % Distribution

For the Healthcare Providers & Services industry and Healthcare sector, CareView Communications's Operating Margin % distribution charts can be found below:

* The bar in red indicates where CareView Communications's Operating Margin % falls into.



CareView Communications Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

CareView Communications's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-0.688 / 9.685
=-7.10 %

CareView Communications's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-0.948 / 1.767
=-53.65 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CareView Communications  (OTCPK:CRVW) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


CareView Communications Operating Margin % Related Terms

Thank you for viewing the detailed overview of CareView Communications's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


CareView Communications (CareView Communications) Business Description

Traded in Other Exchanges
N/A
Address
405 State Highway 121 Bypass, Suite B-240, Lewisville, TX, USA, 75067
CareView Communications Inc is a United States-based company engaged in providing products and on-demand application services for the healthcare industry, specializing in bedside video monitoring, software tools to improve hospital communications and operations, and patient education and entertainment packages. It has developed a data network system called CareView System, which is a suite of video monitoring, guest services, and related applications that connect patients, families, and healthcare providers. The company also provides services to increase patient satisfaction scores and enhance the overall image of the hospital, including on-demand movies and video visits.
Executives
James R Higgins director 405 HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
L. Allen Wheeler director, 10 percent owner 515 GILL FARRELL, DURANT OK 74701
Stephen G Johnson director, 10 percent owner, officer: President and COO 804 TREE HAVEN CT., HIGHLAND VILLAGE TX 75077
Steven B Epstein director
Jon E Freeman officer: Chief Financial Officer 405 STATE HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
David Richard White director 405 STATE HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
Jason T Thompson director 405 HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
Sandra K Mcree officer: COO 405 HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
Anthony P Piccin officer: Chief Financial Officer 3704 EVERTON DRIVE, FLOWER MOUND TX 75022
Gerald L Murphy director PO BOX 4696, TULSA OK 74159
Jeffrey C Lightcap director, 10 percent owner 152 W 57TH STREET 43RD FLOOR, NEW YORK NY 10019
Healthcor Partners Lp director, 10 percent owner 152 W 57TH STREET 43RD FLOOR, NEW YORK NY 10019
Healthcor Partners Fund Lp director, 10 percent owner Carnegie Hall Tower, 152 West 57th Street, 47th Floor, New York NY 10019
Healthcor Partners Management Gp, Llc director, 10 percent owner 152 W 57TH STREET 43RD FLOOR, NEW YORK NY 10019
Healthcor Partners Management Lp director, 10 percent owner 701 EAST BAY STREET, SUITE 516, CHARLESTON SC 29403

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