SanDisk (Nasdaq: SNDK) reported earnings on April 19. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended April 1 (Q1), SanDisk met expectations on revenues and whiffed on earnings per share.

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

Margins shrank across the board.

Revenue details
 SanDisk notched revenue of $1.21 billion. The 20 analysts polled by S&P Capital IQ expected to see revenue of $1.21 billion on the same basis. GAAP reported sales were 6.8% lower than the prior-year quarter's $1.29 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Non-GAAP EPS came in at $0.63. The 20 earnings estimates compiled by S&P Capital IQ predicted $0.71 per share on the same basis. GAAP EPS of $0.46 for Q1 were 50% lower than the prior-year quarter's $0.92 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 35.7%, 730 basis points worse than the prior-year quarter. Operating margin was 15.9%, 1,110 basis points worse than the prior-year quarter. Net margin was 9.5%, 780 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $1.09 billion. On the bottom line, the average EPS estimate is $0.85.

Next year's average estimate for revenue is $5.25 billion. The average EPS estimate is $3.93.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,942 members out of 2,084 rating the stock outperform, and 143 members rating it underperform. Among 471 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 443 give SanDisk a green thumbs-up, and 28 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on SanDisk is outperform, with an average price target of $58.95.

Looking to profit from the makers of computer hardware? You may be missing something obvious about where the money will be made in the tech industry of the future. Is SanDisk on the right side of the revolution? Check out the changing landscape and meet the company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.