ReachLocal (Nasdaq: RLOC) reported earnings on Nov. 1. Here are the numbers you need to know.

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

Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share grew. The profit was a surprise, as analysts had predicted a loss.

Margins grew across the board.

Revenue details
ReachLocal notched revenue of $118.9 million. The seven analysts polled by S&P Capital IQ wanted to see revenue of $116.1 million on the same basis. GAAP reported sales were 21% higher than the prior-year quarter's $98.6 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 $0.03. The eight earnings estimates compiled by S&P Capital IQ forecast -$0.02 per share. GAAP EPS were $0.03 for Q3 compared to -$0.16 per share for the prior-year quarter.

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 50.0%, 20 basis points better than the prior-year quarter. Operating margin was 0.9%, 160 basis points better than the prior-year quarter. Net margin was 0.7%, 540 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $117.6 million. On the bottom line, the average EPS estimate is -$0.02.

Next year's average estimate for revenue is $449.8 million. The average EPS estimate is -$0.06.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 76 members out of 83 rating the stock outperform, and seven members rating it underperform. Among 23 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 20 give ReachLocal 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 ReachLocal is outperform, with an average price target of $14.88.