Cardiovascular Systems (Nasdaq: CSII) reported earnings on Jan. 30. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q2), Cardiovascular Systems beat expectations on revenues and exceeded expectations on earnings per share.

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

Margins shrank across the board.

Revenue details
Cardiovascular Systems booked revenue of $25.3 million. The six analysts polled by S&P Capital IQ expected to see sales of $23.7 million on the same basis. GAAP reported sales were 28% higher than the prior-year quarter's $19.7 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 -$0.28. The five earnings estimates compiled by S&P Capital IQ averaged -$0.30 per share. GAAP EPS were -$0.28 for Q2 against -$0.23 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 76.5%, 40 basis points worse than the prior-year quarter. Operating margin was -20.2%, 160 basis points worse than the prior-year quarter. Net margin was -22.8%, 180 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $24.4 million. On the bottom line, the average EPS estimate is -$0.32.

Next year's average estimate for revenue is $96.8 million. The average EPS estimate is -$1.15.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cardiovascular Systems is buy, with an average price target of $15.30.

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