GP Strategies (NYSE: GPX) reported earnings on Thursday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), GP Strategies beat 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 increased across the board.

Revenue details
GP Strategies chalked up revenue of $102.3 million. The four analysts polled by S&P Capital IQ anticipated revenue of $97.5 million on the same basis. GAAP reported sales were 19% higher than the prior-year quarter's $86.0 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 $0.31. The three earnings estimates compiled by S&P Capital IQ forecast $0.26 per share. GAAP EPS of $0.31 for Q2 were 24% higher than the prior-year quarter's $0.25 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 18.6%, 150 basis points better than the prior-year quarter. Operating margin was 9.7%, 170 basis points better than the prior-year quarter. Net margin was 5.8%, 30 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $98.2 million. On the bottom line, the average EPS estimate is $0.29.

Next year's average estimate for revenue is $397.6 million. The average EPS estimate is $1.15.

Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on GP Strategies is buy, with an average price target of $19.80.