Integrated Device Technology (Nasdaq: IDTI) reported earnings on Jan. 30. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Jan. 1 (Q3), Integrated Device Technology met expectations on revenue and beat expectations on earnings per share.

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

Margins dropped across the board.

Revenue details
Integrated Device Technology recorded revenue of $120.0 million. The five analysts polled by S&P Capital IQ expected sales of $120.7 million. Sales were 22% lower than the prior-year quarter's $153.2 million.

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

EPS details
Non-GAAP EPS came in at $0.06. The three earnings estimates compiled by S&P Capital IQ forecast $0.04 per share on the same basis. GAAP EPS were -$0.05 for Q3 versus $0.07 per share for the prior-year quarter.

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 53.2%, 70 basis points worse than the prior-year quarter. Operating margin was 1.5%, 470 basis points worse than the prior-year quarter. Net margin was -5.2%, 1,210 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $120.0 million. On the bottom line, the average EPS estimate is $0.04.

Next year's average estimate for revenue is $530.1 million. The average EPS estimate is $0.32.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 168 members out of 175 rating the stock outperform, and seven members rating it underperform. Among 45 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), all of them give Integrated Device Technology a green thumbs-up.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Integrated Device Technology is outperform, with an average price target of $7.10.

Over the decades, small-cap stocks like Integrated Device Technology have provided market-beating returns, provided they're value-priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: Two Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.