JDS Uniphase (Nasdaq: JDSU) reported earnings on May 1. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 30 (Q3), JDS Uniphase missed estimates on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue contracted slightly. Non-GAAP earnings per share dropped. GAAP loss per share grew.

Margins dropped across the board.

Revenue details
JDS Uniphase booked revenue of $405.3 million. The 10 analysts polled by S&P Capital IQ wanted to see sales of $417.4 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 $0.10. The 14 earnings estimates compiled by S&P Capital IQ averaged $0.11 per share. Non-GAAP EPS of $0.10 for Q3 were 9.1% lower than the prior-year quarter's $0.11 per share. GAAP EPS were -$0.12 for Q3 compared to -$0.08 per share for the prior-year quarter.

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 42.5%, 240 basis points worse than the prior-year quarter. Operating margin was -5.2%, 390 basis points worse than the prior-year quarter. Net margin was -6.9%, 260 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $444.5 million. On the bottom line, the average EPS estimate is $0.18.

Next year's average estimate for revenue is $1.71 billion. The average EPS estimate is $0.62.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 678 members out of 818 rating the stock outperform, and 140 members rating it underperform. Among 146 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 113 give JDS Uniphase a green thumbs-up, and 33 give it a red thumbs-down.

Internet software and services are being consumed in radically different ways, on increasingly mobile devices. Does JDS Uniphase fit in anymore? Check out the company that Motley Fool analysts expect to lead the pack in "The Next Trillion-dollar Revolution." Click here for instant access to this free report.