Symmetricom (Nasdaq: SYMM) reported earnings on Jan. 23. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 30 (Q2), Symmetricom beat expectations on revenues and beat expectations on earnings per share.

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

Margins contracted across the board.

Revenue details
Symmetricom tallied revenue of $49.2 million. The one analyst polled by S&P Capital IQ predicted revenue of $47.5 million on the same basis. GAAP reported sales were 16% lower than the prior-year quarter's $58.3 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 $0.01. The one earnings estimate compiled by S&P Capital IQ anticipated -$0.03 per share. GAAP EPS were -$0.04 for Q2 versus $0.06 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 43.3%, 140 basis points worse than the prior-year quarter. Operating margin was -2.8%, 1,040 basis points worse than the prior-year quarter. Net margin was -3.6%, 780 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $55.0 million. On the bottom line, the average EPS estimate is $0.05.

Next year's average estimate for revenue is $216.9 million. The average EPS estimate is $0.14.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 51 members out of 63 rating the stock outperform, and 12 members rating it underperform. Among 16 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 14 give Symmetricom 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 Symmetricom is hold, with an average price target of $5.88.

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