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

The 10-second takeaway
For the quarter ended March 31 (Q4), Flextronics International met expectations on revenues and beat expectations on earnings per share.

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

Margins expanded across the board.

Revenue details
Flextronics International tallied revenue of $6.38 billion. The nine analysts polled by S&P Capital IQ predicted revenue of $6.44 billion on the same basis. GAAP reported sales were 6.9% lower than the prior-year quarter's $6.86 billion.

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

EPS details
EPS came in at $0.28. The 11 earnings estimates compiled by S&P Capital IQ forecast $0.22 per share. GAAP EPS of $0.22 for Q4 were 29% higher than the prior-year quarter's $0.17 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 5.7%, 10 basis points better than the prior-year quarter. Operating margin was 2.6%, 20 basis points better than the prior-year quarter. Net margin was 2.5%, 50 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $6.74 billion. On the bottom line, the average EPS estimate is $0.24.

Next year's average estimate for revenue is $28.24 billion. The average EPS estimate is $1.05.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 600 members rating the stock outperform and 32 members rating it underperform. Among 153 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 149 give Flextronics International 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 Flextronics International is outperform, with an average price target of $8.23.

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.