Flextronics International (Nasdaq: FLEX) reported earnings on Jan. 19. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q3), Flextronics International met expectations on revenue and whiffed on earnings per share.

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

Margins shrank across the board.

Revenue details
Flextronics International reported revenue of $7.5 billion. The 12 analysts polled by S&P Capital IQ foresaw revenue of $7.5 billion. Sales were 4.3% lower than the prior-year quarter's $7.8 billion.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.

EPS details
Non-GAAP EPS came in at $0.18. The 14 earnings estimates compiled by S&P Capital IQ predicted $0.20 per share on the same basis. GAAP EPS of $0.14 for Q3 were 46% lower than the prior-year quarter's $0.26 per share.

Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 5.1%, 40 basis points worse than the prior-year quarter. Operating margin was 1.7%, 90 basis points worse than the prior-year quarter. Net margin was 1.4%, 110 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $6.8 billion. On the bottom line, the average EPS estimate is $0.23.

Next year's average estimate for revenue is $29.9 billion. The average EPS estimate is $0.85.

Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Flextronics International is outperform, with an average price target of $7.71.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.