TW Telecom (Nasdaq: TWTC) reported earnings on Monday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), TW Telecom met expectations on revenues and missed estimates on earnings per share.

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

Gross margins contracted, operating margins improved, and net margins grew.

Revenue details
TW Telecom reported revenue of $364.5 million. The 13 analysts polled by S&P Capital IQ expected a top line of $365.5 million on the same basis. GAAP reported sales were 7.7% higher than the prior-year quarter's $338.4 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 $0.13. The 13 earnings estimates compiled by S&P Capital IQ forecast $0.14 per share. GAAP EPS of $0.13 for Q2 were 44% higher than the prior-year quarter's $0.09 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 58.0%, 30 basis points worse than the prior-year quarter. Operating margin was 15.5%, 180 basis points better than the prior-year quarter. Net margin was 5.3%, 110 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $372.5 million. On the bottom line, the average EPS estimate is $0.14.

Next year's average estimate for revenue is $1.48 billion. The average EPS estimate is $0.58.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 87 members out of 111 rating the stock outperform, and 24 members rating it underperform. Among 36 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 30 give TW Telecom a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on TW Telecom is outperform, with an average price target of $25.38.

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