Team (NYSE: TISI) reported earnings on Jan. 7. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Nov. 30 (Q2), Team 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 increased significantly.

Gross margins shrank, operating margins increased, net margins expanded.

Revenue details
Team chalked up revenue of $200.6 million. The seven analysts polled by S&P Capital IQ looked for revenue of $182.4 million on the same basis. GAAP reported sales were 27% higher than the prior-year quarter's $158.3 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 $0.66. The six earnings estimates compiled by S&P Capital IQ predicted $0.60 per share. GAAP EPS of $0.66 for Q2 were 32% higher than the prior-year quarter's $0.50 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 31.1%, 80 basis points worse than the prior-year quarter. Operating margin was 11.2%, 20 basis points better than the prior-year quarter. Net margin was 6.9%, 40 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $155.2 million. On the bottom line, the average EPS estimate is $0.22.

Next year's average estimate for revenue is $712.6 million. The average EPS estimate is $1.96.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 225 members out of 235 rating the stock outperform, and 10 members rating it underperform. Among 49 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 47 give Team a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Team is outperform, with an average price target of $37.14.

Looking for alternatives to Team? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.