Meridian Bioscience (Nasdaq: VIVO) reported earnings on April 25. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended March 31 (Q2), Meridian Bioscience missed estimates on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue was unchanged. GAAP earnings per share grew.

Margins expanded across the board.

Revenue details
 Meridian Bioscience reported revenue of $47.3 million. The 10 analysts polled by S&P Capital IQ looked for revenue of $49.3 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

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 $0.24. The 11 earnings estimates compiled by S&P Capital IQ forecast $0.24 per share. GAAP EPS of $0.24 for Q2 were 4.3% higher than the prior-year quarter's $0.23 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 65.0%, 230 basis points better than the prior-year quarter. Operating margin was 32.3%, 60 basis points better than the prior-year quarter. Net margin was 21.7%, 140 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $46.5 million. On the bottom line, the average EPS estimate is $0.22.

Next year's average estimate for revenue is $189.1 million. The average EPS estimate is $0.89.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 461 members out of 471 rating the stock outperform, and 10 members rating it underperform. Among 106 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 104 give Meridian Bioscience 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 Meridian Bioscience is hold, with an average price target of $21.00.

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