Wright Medical Group (Nasdaq: WMGI) reported earnings on Aug. 1. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q2), Wright Medical Group beat slightly on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue contracted and GAAP earnings per share dropped significantly.

Gross margins grew, operating margins dropped, net margins dropped.

Revenue details
 Wright Medical Group reported revenue of $123.3 million. The 12 analysts polled by S&P Capital IQ anticipated revenue of $121.9 million on the same basis. GAAP reported sales were 7.0% lower than the prior-year quarter's $132.5 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 $0.08. The 13 earnings estimates compiled by S&P Capital IQ predicted $0.03 per share. GAAP EPS of $0.02 for Q2 were 88% lower than the prior-year quarter's $0.16 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 68.9%, 20 basis points better than the prior-year quarter. Operating margin was 3.3%, 550 basis points worse than the prior-year quarter. Net margin was 0.6%, 400 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $110.8 million. On the bottom line, the average EPS estimate is -$0.06.

Next year's average estimate for revenue is $483.6 million. The average EPS estimate is $0.21.

Investor sentiment
 The stock has a one-star rating (out of five) at Motley Fool CAPS, with 41 members out of 60 rating the stock outperform, and 19 members rating it underperform. Among 17 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), nine give Wright Medical Group 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 Wright Medical Group is hold, with an average price target of $20.20.