Arris Group (Nasdaq: ARRS) reported earnings on April 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Arris Group beat expectations on revenues and erarnings per share.

Compared to the prior-year quarter, revenue improved and GAAP earnings per share dropped significantly.

Gross margins shrank, operating margins grew, and net margins dropped.

Revenue details
Arris Group recorded revenue of $302.9 million. The eight analysts polled by S&P Capital IQ predicted revenue of $295.4 million on the same basis. GAAP reported sales were 13% higher than the prior-year quarter's $267.4 million.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Non-GAAP EPS came in at $0.19. The 10 earnings estimates compiled by S&P Capital IQ anticipated $0.15 per share on the same basis. GAAP EPS of $0.05 for Q1 were 44% lower than the prior-year quarter's $0.09 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 36.0%, 30 basis points worse than the prior-year quarter. Operating margin was 5.9%, 20 basis points better than the prior-year quarter. Net margin was 1.9%, 240 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $311.6 million. On the bottom line, the average EPS estimate is $0.20.

Next year's average estimate for revenue is $1.26 billion. The average EPS estimate is $0.84.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 769 members out of 799 rating the stock outperform, and 30 members rating it underperform. Among 150 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 144 give Arris Group a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Arris Group is outperform, with an average price target of $12.67.

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