Silicon Laboratories (Nasdaq: SLAB) reported earnings on April 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Silicon Laboratories beat slightly on revenue and beat expectations on earnings per share.

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

Gross margin contracted, operating margin increased, and net margin expanded.

Revenue details
Silicon Laboratories reported revenue of $125.7 million. The 15 analysts polled by S&P Capital IQ predicted revenue of $123.3 million on the same basis. GAAP reported sales were 5.1% higher than the prior-year quarter's $119.6 million.

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 $0.43. The 16 earnings estimates compiled by S&P Capital IQ forecast $0.41 per share on the same basis. GAAP EPS were $0.33 for Q1 versus -$0.04 per share for the prior-year quarter.

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 59.7%, 60 basis points worse than the prior-year quarter. Operating margin was 13.3%, 530 basis points better than the prior-year quarter. Net margin was 11.4%, 1,300 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $129.7 million. On the bottom line, the average EPS estimate is $0.48.

Next year's average estimate for revenue is $533.8 million. The average EPS estimate is $2.06.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 358 members out of 384 rating the stock outperform, and 26 members rating it underperform. Among 129 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 125 give Silicon Laboratories a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Silicon Laboratories is outperform, with an average price target of $47.77.

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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 Silicon Laboratories. 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.