CalAmp (Nasdaq: CAMP) reported earnings on Sep. 25. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Aug. 31 (Q2), CalAmp beat slightly on revenues and beat expectations on earnings per share.

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

Gross margins dropped, operating margins contracted, net margins grew.

Revenue details
 CalAmp booked revenue of $44.0 million. The one analyst polled by S&P Capital IQ expected to see net sales of $43.4 million on the same basis. GAAP reported sales were 30% higher than the prior-year quarter's $33.8 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 $0.17. The one earnings estimate compiled by S&P Capital IQ averaged $0.16 per share. GAAP EPS of $0.12 for Q2 were 140% higher than the prior-year quarter's $0.05 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 32.1%, 390 basis points worse than the prior-year quarter. Operating margin was 8.6%, 120 basis points worse than the prior-year quarter. Net margin was 8.3%, 430 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $42.3 million. On the bottom line, the average EPS estimate is $0.15.

Next year's average estimate for revenue is $171.5 million. The average EPS estimate is $0.58.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 48 members out of 61 rating the stock outperform, and 13 members rating it underperform. Among 12 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), eight give CalAmp 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 CalAmp is buy, with an average price target of $9.60.

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