Plantronics (NYSE: PLT) reported earnings on May 7. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q4), Plantronics beat expectations on revenues and met expectations on earnings per share.

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

Gross margins contracted, operating margins grew, net margins grew.

Revenue details
Plantronics reported revenue of $204.2 million. The eight analysts polled by S&P Capital IQ expected to see revenue of $192.5 million on the same basis. GAAP reported sales were 15% higher than the prior-year quarter's $177.6 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 $0.71. The 10 earnings estimates compiled by S&P Capital IQ predicted $0.70 per share. Non-GAAP EPS of $0.71 for Q4 were 15% higher than the prior-year quarter's $0.62 per share. GAAP EPS of $0.67 for Q4 were 22% higher than the prior-year quarter's $0.55 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 52.0%, 160 basis points worse than the prior-year quarter. Operating margin was 18.3%, 30 basis points better than the prior-year quarter. Net margin was 14.1%, 60 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $195.9 million. On the bottom line, the average EPS estimate is $0.72.

Next year's average estimate for revenue is $808.0 million. The average EPS estimate is $2.98.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 128 members out of 138 rating the stock outperform, and 10 members rating it underperform. Among 58 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 57 give Plantronics 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 Plantronics is outperform, with an average price target of $44.79.

Internet software and services are being consumed in radically different ways, on increasingly mobile devices. Does Plantronics 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.