Skyworks Solutions (Nasdaq: SWKS) reported earnings on April 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 29 (Q2), Skyworks Solutions beat slightly on revenues and beat slightly on earnings per share.

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

Gross margins shrank, operating margins grew, net margins grew.

Revenue details
Skyworks Solutions reported revenue of $425.2 million. The 18 analysts polled by S&P Capital IQ anticipated sales of $420.4 million on the same basis. GAAP reported sales were 17% higher than the prior-year quarter's $364.7 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 $0.48. The 19 earnings estimates compiled by S&P Capital IQ forecast $0.47 per share. Non-GAAP EPS of $0.48 for Q2 were 14% higher than the prior-year quarter's $0.42 per share. GAAP EPS of $0.32 for Q2 were 78% higher than the prior-year quarter's $0.18 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 41.6%, 20 basis points worse than the prior-year quarter. Operating margin was 17.3%, 310 basis points better than the prior-year quarter. Net margin was 14.5%, 520 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $444.3 million. On the bottom line, the average EPS estimate is $0.53.

Next year's average estimate for revenue is $1.80 billion. The average EPS estimate is $2.15.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 713 members out of 749 rating the stock outperform, and 36 members rating it underperform. Among 153 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 145 give Skyworks Solutions 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 Skyworks Solutions is outperform, with an average price target of $29.15.

Is Skyworks Solutions the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.