Sonus Networks (Nasdaq: SONS) reported earnings on Aug. 7. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 29 (Q2), Sonus Networks met expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue grew and GAAP loss per share expanded.

Margins dropped across the board.

Revenue details
Sonus Networks logged revenue of $57.6 million. The five analysts polled by S&P Capital IQ expected to see a top line of $58.2 million on the same basis. GAAP reported sales were 11% higher than the prior-year quarter's $51.8 million.

My

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 -$0.03. The eight earnings estimates compiled by S&P Capital IQ forecast -$0.03 per share. GAAP EPS were -$0.04 for Q2 compared to -$0.02 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 56.9%, 90 basis points worse than the prior-year quarter. Operating margin was -20.5%, 750 basis points worse than the prior-year quarter. Net margin was -20.4%, 890 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $67.2 million. On the bottom line, the average EPS estimate is $0.00.

Next year's average estimate for revenue is $278.4 million. The average EPS estimate is -$0.03.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 377 members out of 402 rating the stock outperform, and 25 members rating it underperform. Among 62 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 54 give Sonus Networks a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Sonus Networks is outperform, with an average price target of $3.54.

Internet software and services are being consumed in radically different ways, on increasingly mobile devices. Does Sonus Networks fit in anymore? Check out the company that Motley Fool analysts expect to lead the pack in "The Next Trillion-dollar Revolution." Click here for instant access to this free report.