Arctic Cat (Nasdaq: ACAT) reported earnings on May 15. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q4), Arctic Cat beat expectations on revenues and exceeded expectations on earnings per share.

Compared to the prior-year quarter, revenue increased significantly and GAAP loss per share contracted.

Margins improved across the board.

Revenue details
Arctic Cat notched revenue of $98.5 million. The six analysts polled by S&P Capital IQ anticipated revenue of $91.9 million on the same basis. GAAP reported sales were 34% higher than the prior-year quarter's $73.5 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 -$0.49. The six earnings estimates compiled by S&P Capital IQ averaged -$0.55 per share. GAAP EPS were -$0.49 for Q4 against -$0.52 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 11.6%, 240 basis points better than the prior-year quarter. Operating margin was -9.8%, 1,000 basis points better than the prior-year quarter. Net margin was -6.3%, 670 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $98.6 million. On the bottom line, the average EPS estimate is -$0.13.

Next year's average estimate for revenue is $658.5 million. The average EPS estimate is $2.73.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 63 members out of 101 rating the stock outperform, and 39 members rating it underperform. Among 27 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 15 give Arctic Cat a green thumbs-up, and 12 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Arctic Cat is outperform, with an average price target of $39.40.

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