ATRION (Nasdaq: ATRI) reported earnings on Nov. 7. Here are the numbers you need to know.

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

Compared to the prior-year quarter, revenue increased slightly and GAAP earnings per share expanded.

Gross margins dropped, operating margins dropped, net margins increased.

Revenue details
ATRION recorded revenue of $30.6 million. The one analyst polled by S&P Capital IQ looked for a top line of $29.2 million on the same basis. GAAP reported sales were 0.6% higher than the prior-year quarter's $30.5 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 $3.59. The one earnings estimate compiled by S&P Capital IQ predicted $2.79 per share. GAAP EPS of $3.59 for Q3 were 7.8% higher than the prior-year quarter's $3.33 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 48.6%, 160 basis points worse than the prior-year quarter. Operating margin was 31.6%, 120 basis points worse than the prior-year quarter. Net margin was 23.7%, 150 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $28.5 million. On the bottom line, the average EPS estimate is $2.77.

Next year's average estimate for revenue is $117.7 million. The average EPS estimate is $11.24.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 248 members out of 256 rating the stock outperform, and eight members rating it underperform. Among 71 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 70 give ATRION a green thumbs-up, and one give it a red thumbs-down.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.