LeapFrog Enterprises (NYSE: LF) reported earnings Wednesday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), LeapFrog Enterprises 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 dropped.

Margins increased across the board.

Revenue details
LeapFrog Enterprises logged revenue of $71.5 million. The six analysts polled by S&P Capital IQ predicted sales of $66.2 million on the same basis. GAAP reported sales were 31% higher than the prior-year quarter's $54.4 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 -$0.12. The six earnings estimates compiled by S&P Capital IQ forecast -$0.18 per share. GAAP EPS were -$0.12 for Q2 versus -$0.21 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 39.9%, 500 basis points better than the prior-year quarter. Operating margin was -10.5%, 1,360 basis points better than the prior-year quarter. Net margin was -11.3%, 1,400 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $164.3 million. On the bottom line, the average EPS estimate is $0.40.

Next year's average estimate for revenue is $522.9 million. The average EPS estimate is $0.65.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 239 members rating the stock outperform, and 52 members rating it underperform. Among 60 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 45 give LeapFrog Enterprises a green thumbs-up, and 15 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on LeapFrog Enterprises is outperform, with an average price target of $13.00.