Lannett (AMEX: LCI) reported earnings on Feb. 7. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Dec. 31 (Q2), Lannett beat slightly on revenues and beat expectations on earnings per share.

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

Margins expanded across the board.

Revenue details
 Lannett reported revenue of $36.6 million. The two analysts polled by S&P Capital IQ expected to see a top line of $36.1 million on the same basis. GAAP reported sales were 32% higher than the prior-year quarter's $27.7 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 $0.10. The two earnings estimates compiled by S&P Capital IQ predicted $0.09 per share. GAAP EPS of $0.10 for Q2 were 400% higher than the prior-year quarter's $0.02 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 38.0%, 950 basis points better than the prior-year quarter. Operating margin was 12.8%, 1,100 basis points better than the prior-year quarter. Net margin was 7.9%, 570 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $33.3 million. On the bottom line, the average EPS estimate is $0.02.

Next year's average estimate for revenue is $140.9 million. The average EPS estimate is $0.23.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 77 members out of 86 rating the stock outperform, and nine members rating it underperform. Among 18 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 17 give Lannett a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Lannett is buy, with an average price target of $6.33.