Fusion-io (NYSE: FIO) reported earnings on Oct. 24. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q1), Fusion-io beat expectations on revenues and beat expectations on earnings per share.

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

Margins dropped across the board.

Revenue details
Fusion-io logged revenue of $118.1 million. The 16 analysts polled by S&P Capital IQ foresaw net sales of $110.7 million on the same basis. GAAP reported sales were 59% higher than the prior-year quarter's $74.4 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 $0.14. The 18 earnings estimates compiled by S&P Capital IQ predicted $0.07 per share. GAAP EPS of $0.04 for Q1 were 43% lower than the prior-year quarter's $0.07 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 59.4%, 380 basis points worse than the prior-year quarter. Operating margin was 7.2%, 590 basis points worse than the prior-year quarter. Net margin was 3.3%, 640 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $125.2 million. On the bottom line, the average EPS estimate is $0.09.

Next year's average estimate for revenue is $531.9 million. The average EPS estimate is $0.38.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 204 members out of 233 rating the stock outperform, and 29 members rating it underperform. Among 33 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 29 give Fusion-io 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 Fusion-io is outperform, with an average price target of $33.46.

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