II-VI (Nasdaq: IIVI) reported earnings on Aug. 2. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q4), II-VI met expectations on revenues and met expectations on earnings per share.

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

Margins dropped across the board.

Revenue details
II-VI booked revenue of $136.9 million. The five analysts polled by S&P Capital IQ predicted revenue of $135.8 million on the same basis. GAAP reported sales were 3.9% higher than the prior-year quarter's $131.8 million.

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 $0.26. The three earnings estimates compiled by S&P Capital IQ predicted $0.26 per share. GAAP EPS of $0.22 for Q4 were 37% lower than the prior-year quarter's $0.35 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 35.3%, 630 basis points worse than the prior-year quarter. Operating margin was 12.9%, 660 basis points worse than the prior-year quarter. Net margin was 10.6%, 610 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $140.0 million. On the bottom line, the average EPS estimate is $0.27.

Next year's average estimate for revenue is $580.5 million. The average EPS estimate is $1.16.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,304 members out of 1,325 rating the stock outperform, and 21 members rating it underperform. Among 371 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 366 give II-VI a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on II-VI is outperform, with an average price target of $21.22.

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