Silicon Laboratories (Nasdaq: SLAB) reported earnings on April 24. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended March 30 (Q1), Silicon Laboratories beat slightly on revenues and beat expectations on earnings per share.

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

Margins increased across the board.

Revenue details
 Silicon Laboratories reported revenue of $145.4 million. The 12 analysts polled by S&P Capital IQ looked for sales of $143.9 million on the same basis. GAAP reported sales were 16% higher than the prior-year quarter's $125.7 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 $0.59. The 13 earnings estimates compiled by S&P Capital IQ anticipated $0.55 per share. Non-GAAP EPS of $0.59 for Q1 were 37% higher than the prior-year quarter's $0.43 per share. GAAP EPS of $0.46 for Q1 were 39% higher than the prior-year quarter's $0.33 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 60.1%, 40 basis points better than the prior-year quarter. Operating margin was 14.2%, 90 basis points better than the prior-year quarter. Net margin was 13.8%, 240 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $149.0 million. On the bottom line, the average EPS estimate is $0.54.

Next year's average estimate for revenue is $607.0 million. The average EPS estimate is $2.37.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 348 members out of 375 rating the stock outperform, and 27 members rating it underperform. Among 117 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 113 give Silicon Laboratories a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Silicon Laboratories is outperform, with an average price target of $50.12.

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