8x8 (Nasdaq: EGHT) reported earnings on Oct. 24. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Sep. 30 (Q2), 8x8 met expectations on revenues and met expectations on earnings per share.

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

Margins increased across the board.

Revenue details
 8x8 reported revenue of $26.4 million. The six analysts polled by S&P Capital IQ predicted a top line of $26.2 million on the same basis. GAAP reported sales were 33% higher than the prior-year quarter's $19.8 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 $0.05. The five earnings estimates compiled by S&P Capital IQ anticipated $0.05 per share. GAAP EPS of $0.02 for Q2 were 100% higher than the prior-year quarter's $0.01 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 67.8%, 150 basis points better than the prior-year quarter. Operating margin was 10.5%, 610 basis points better than the prior-year quarter. Net margin was 6.6%, 240 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $27.3 million. On the bottom line, the average EPS estimate is $0.05.

Next year's average estimate for revenue is $107.1 million. The average EPS estimate is $0.20.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 313 members out of 326 rating the stock outperform, and 13 members rating it underperform. Among 36 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 33 give 8x8 a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on 8x8 is buy, with an average price target of $6.55.