Hittite Microwave (Nasdaq: HITT) reported earnings on Oct. 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Hittite Microwave beat slightly on revenues and beat expectations on earnings per share.

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

Margins shrank across the board.

Revenue details
Hittite Microwave tallied revenue of $67.2 million. The five analysts polled by S&P Capital IQ wanted to see a top line of $66.3 million on the same basis. GAAP reported sales were 1.4% lower than the prior-year quarter's $68.1 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 $0.57. The three earnings estimates compiled by S&P Capital IQ anticipated $0.54 per share. GAAP EPS of $0.57 for Q3 were 22% lower than the prior-year quarter's $0.73 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 73.6%, 90 basis points worse than the prior-year quarter. Operating margin was 41.0%, 780 basis points worse than the prior-year quarter. Net margin was 26.3%, 660 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $67.9 million. On the bottom line, the average EPS estimate is $0.56.

Next year's average estimate for revenue is $262.9 million. The average EPS estimate is $2.17.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 243 members out of 253 rating the stock outperform, and 10 members rating it underperform. Among 64 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 60 give Hittite Microwave 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 Hittite Microwave is outperform, with an average price target of $54.75.

Is Hittite Microwave the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.