Newport (Nasdaq: NEWP) reported earnings on Oct. 31. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 29 (Q3), Newport missed estimates on revenues and beat expectations on earnings per share.

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

Margins contracted across the board.

Revenue details
Newport logged revenue of $142.9 million. The six analysts polled by S&P Capital IQ anticipated a top line of $151.8 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $125.6 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 $0.35. The four earnings estimates compiled by S&P Capital IQ forecast $0.32 per share. GAAP EPS of $0.20 for Q3 were 26% lower than the prior-year quarter's $0.27 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 44.0%, 40 basis points worse than the prior-year quarter. Operating margin was 8.8%, 250 basis points worse than the prior-year quarter. Net margin was 5.3%, 310 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $156.0 million. On the bottom line, the average EPS estimate is $0.34.

Next year's average estimate for revenue is $618.7 million. The average EPS estimate is $1.27.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 108 members out of 123 rating the stock outperform, and 15 members rating it underperform. Among 37 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 35 give Newport a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Newport is outperform, with an average price target of $18.50.