Arris Group (Nasdaq: ARRS) reported earnings on Oct. 24. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Sep. 30 (Q3), Arris Group met expectations on revenues and beat expectations on earnings per share.

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

Gross margins dropped, operating margins dropped, net margins were steady.

Revenue details
 Arris Group logged revenue of $357.4 million. The seven analysts polled by S&P Capital IQ foresaw a top line of $357.2 million on the same basis. GAAP reported sales were 30% higher than the prior-year quarter's $274.4 million.

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 $0.22. The nine earnings estimates compiled by S&P Capital IQ averaged $0.21 per share. GAAP EPS of $0.15 for Q3 were 36% higher than the prior-year quarter's $0.11 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 31.3%, 520 basis points worse than the prior-year quarter. Operating margin was 6.5%, 60 basis points worse than the prior-year quarter. Net margin was 5.0%, about the same as the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $355.4 million. On the bottom line, the average EPS estimate is $0.23.

Next year's average estimate for revenue is $1.37 billion. The average EPS estimate is $0.87.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 743 members out of 769 rating the stock outperform, and 26 members rating it underperform. Among 138 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 133 give Arris Group a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Arris Group is outperform, with an average price target of $15.20.

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