8x8 (Nasdaq: EGHT) reported earnings on Wednesday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q4), 8x8 met expectations on revenues and beat expectations on earnings per share.

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

Margins grew across the board.

Revenue details
8x8 notched revenue of $24.2 million. The three analysts polled by S&P Capital IQ expected a top line of $24.0 million on the same basis. GAAP reported sales were 33% higher than the prior-year quarter's $18.2 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
EPS came in at $0.04. The three earnings estimates compiled by S&P Capital IQ averaged $0.03 per share. GAAP EPS of $0.87 for Q4 were much higher than the prior-year quarter's $0.03 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 68.4%, 100 basis points better than the prior-year quarter. Operating margin was 8.9%, 120 basis points better than the prior-year quarter. Net margin was 263.9%, 25,280 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $25 million. On the bottom line, the average EPS estimate is $0.03.

Next year's average estimate for revenue is $106.5 million. The average EPS estimate is $0.18.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 283 members rating the stock outperform and 11 members rating it underperform. Among 26 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 24 give 8x8 a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on 8x8 is buy, with an average price target of $5.75.

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