Sonus Networks (Nasdaq: SONS) reported earnings on April 26. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 30 (Q1), Sonus Networks beat expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped and GAAP loss per share shrank.

Margins increased across the board.

Revenue details
Sonus Networks reported revenue of $64.3 million. The six analysts polled by S&P Capital IQ wanted to see sales of $58.6 million on the same basis. GAAP reported sales were 4.4% lower than the prior-year quarter's $67.3 million.

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

EPS details
EPS came in at -$0.02. The five earnings estimates compiled by S&P Capital IQ predicted -$0.02 per share. GAAP EPS were -$0.02 for Q1 versus -$0.04 per share for the prior-year quarter.

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 64.9%, 2,530 basis points better than the prior-year quarter. Operating margin was -9.6%, 750 basis points better than the prior-year quarter. Net margin was -10.0%, 840 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $63.8 million. On the bottom line, the average EPS estimate is -$0.02.

Next year's average estimate for revenue is $273.2 million. The average EPS estimate is $0.00.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 374 members out of 397 rating the stock outperform, and 23 members rating it underperform. Among 64 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 58 give Sonus Networks 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 Sonus Networks is hold, with an average price target of $3.05.

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