Silicon Graphics International (Nasdaq: SGI) reported earnings on May 9. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 30 (Q3), Silicon Graphics International beat expectations on revenues and earnings per share.

Compared with the prior-year quarter, revenue grew significantly and GAAP loss per share shrank. The non-GAAP profit was a surprise, as analysts had predicted a loss.

Gross margins dropped, operating margins improved, net margins improved.

Revenue details
Silicon Graphics International reported revenue of $199.4 million. The three analysts polled by S&P Capital IQ foresaw revenue of $189.9 million on the same basis. GAAP reported sales were 39% higher than the prior-year quarter's $143.7 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 $0.11. The three earnings estimates compiled by S&P Capital IQ averaged -$0.03 per share. GAAP EPS were -$0.04 for Q3 versus -$0.05 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 25.8%, 240 basis points worse than the prior-year quarter. Operating margin was -0.7%, 60 basis points better than the prior-year quarter. Net margin was -0.6%, 60 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $208.9 million. On the bottom line, the average EPS estimate is $0.16.

Next year's average estimate for revenue is $772.9 million. The average EPS estimate is $0.24.

Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Silicon Graphics International is outperform, with an average price target of $14.67.

Looking to profit from the makers of computer hardware? You may be missing something obvious about where the money will be made in the tech industry of the future. Is Silicon Graphics International on the right side of the revolution? Check out the changing landscape and meet the company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Get instant access to this free report.