Allot Communications (Nasdaq: ALLT) reported earnings today. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Allot Communications beat expectations on revenues and beat expectations on earnings per share.

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

Gross margins shrank, operating margins improved, and net margins expanded.

Revenue details
Allot Communications recorded revenue of $26.4 million. The 11 analysts polled by S&P Capital IQ expected revenue of $25 million on the same basis. GAAP reported sales were 43% higher than the prior-year quarter's $18.5 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 $0.15. The 11 earnings estimates compiled by S&P Capital IQ predicted $0.14 per share. GAAP EPS of $0.08 for Q2 were 33% higher than the prior-year quarter's $0.06 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 70.6%, 70 basis points worse than the prior-year quarter. Operating margin was 9.6%, 40 basis points better than the prior-year quarter. Net margin was 10.2%, 150 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $27.1 million. On the bottom line, the average EPS estimate is $0.14.

Next year's average estimate for revenue is $105.8 million. The average EPS estimate is $0.61.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 110 members rating the stock outperform and eight members rating it underperform. Among 22 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 20 give Allot Communications 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 Allot Communications is outperform, with an average price target of $29.00.