Illumina (Nasdaq: ILMN) reported earnings on Jan. 28. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 30 (Q4), Illumina beat slightly on revenues and beat slightly on earnings per share.

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

Gross margins dropped, operating margins dropped, net margins expanded.

Revenue details
Illumina booked revenue of $309.3 million. The 19 analysts polled by S&P Capital IQ predicted a top line of $305.5 million on the same basis. GAAP reported sales were 24% higher than the prior-year quarter's $250.1 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 $0.42. The 22 earnings estimates compiled by S&P Capital IQ anticipated $0.41 per share. GAAP EPS of $0.53 for Q4 were 489% higher than the prior-year quarter's $0.09 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 67.3%, 210 basis points worse than the prior-year quarter. Operating margin was 20.3%, 560 basis points worse than the prior-year quarter. Net margin was 23.2%, 1,850 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $301.5 million. On the bottom line, the average EPS estimate is $0.40.

Next year's average estimate for revenue is $1.28 billion. The average EPS estimate is $1.72.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 673 members out of 719 rating the stock outperform, and 46 members rating it underperform. Among 208 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 200 give Illumina a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Illumina is outperform, with an average price target of $52.18.

Looking for alternatives to Illumina? 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.