Techne (Nasdaq: TECH) reported earnings on Oct. 23. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Sep. 30 (Q1), Techne missed estimates on revenues and missed estimates on earnings per share.

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

Margins dropped across the board.

Revenue details
 Techne booked revenue of $75.0 million. The six analysts polled by S&P Capital IQ expected net sales of $77.9 million on the same basis. GAAP reported sales were 3.3% lower than the prior-year quarter's $77.6 million.

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

EPS details
 EPS came in at $0.75. The six earnings estimates compiled by S&P Capital IQ anticipated $0.80 per share. GAAP EPS of $0.70 for Q1 were 5.4% lower than the prior-year quarter's $0.74 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 74.1%, 110 basis points worse than the prior-year quarter. Operating margin was 50.4%, 240 basis points worse than the prior-year quarter. Net margin was 34.2%, 130 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $75.9 million. On the bottom line, the average EPS estimate is $0.77.

Next year's average estimate for revenue is $321.1 million. The average EPS estimate is $3.35.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 280 members out of 287 rating the stock outperform, and seven members rating it underperform. Among 81 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 80 give Techne a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Techne is hold, with an average price target of $77.20.