Polycom (Nasdaq: PLCM) reported earnings on Jan. 23. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Polycom beat slightly on revenues and crushed expectations on earnings per share.

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

Margins grew across the board.

Revenue details
Polycom reported revenue of $407 million. The 15 analysts polled by S&P Capital IQ anticipated net sales of $401 million. Sales were 20% higher than the prior-year quarter's $340 million.

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

EPS details
Non-GAAP EPS came in at $0.41. The 18 earnings estimates compiled by S&P Capital IQ averaged $0.29 per share on the same basis. GAAP EPS of $0.28 for Q4 were 48% higher than the prior-year quarter's $0.19 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 60.0%, 20 basis points better than the prior-year quarter. Operating margin was 12.4%, 20 basis points better than the prior-year quarter. Net margin was 12.2%, 240 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $399 million. On the bottom line, the average EPS estimate is $0.29.

Next year's average estimate for revenue is $1.7 billion. The average EPS estimate is $1.28.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 196 members out of 217 rating the stock outperform, and 21 members rating it underperform. Among 82 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 76 give Polycom a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Polycom is outperform, with an average price target of $22.04.

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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. Motley Fool newsletter services have recommended buying shares of Polycom. 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.