ViaSat (Nasdaq: VSAT) reported earnings on May 16. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended March 29 (Q4), ViaSat beat expectations on revenues and beat expectations on earnings per share.

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

Margins grew across the board.

Revenue details
 ViaSat logged revenue of $308.7 million. The nine analysts polled by S&P Capital IQ expected to see revenue of $286.0 million on the same basis. GAAP reported sales were 28% higher than the prior-year quarter's $240.5 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 $0.19. The eight earnings estimates compiled by S&P Capital IQ predicted $0.03 per share. Non-GAAP EPS were $0.19 for Q4 against -$0.01 per share for the prior-year quarter. GAAP EPS were $0.04 for Q4 versus -$0.17 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 24.7%, 180 basis points better than the prior-year quarter. Operating margin was -2.3%, 10 basis points better than the prior-year quarter. Net margin was 0.6%, 370 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $307.9 million. On the bottom line, the average EPS estimate is $0.02.

Next year's average estimate for revenue is $1.40 billion. The average EPS estimate is $0.77.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 93 members out of 104 rating the stock outperform, and 11 members rating it underperform. Among 24 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 24 give ViaSat a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ViaSat is outperform, with an average price target of $46.00.

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