Super Micro Computer (Nasdaq: SMCI) reported earnings on April 23. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q3), Super Micro Computer missed estimates on revenues and beat expectations on earnings per share.

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

Margins shrank across the board.

Revenue details
Super Micro Computer reported revenue of $278.0 million. The four analysts polled by S&P Capital IQ expected revenue of $284.1 million on the same basis. GAAP reported sales were 16% higher than the prior-year quarter's $240.2 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 $0.23. The four earnings estimates compiled by S&P Capital IQ anticipated $0.20 per share. Non-GAAP EPS of $0.23 for Q3 were 21% higher than the prior-year quarter's $0.19 per share. GAAP EPS of $0.16 were the same as 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 14.0%, 300 basis points worse than the prior-year quarter. Operating margin was 2.0%, 200 basis points worse than the prior-year quarter. Net margin was 2.5%, 40 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $311.6 million. On the bottom line, the average EPS estimate is $0.24.

Next year's average estimate for revenue is $1.16 billion. The average EPS estimate is $0.69.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 199 members out of 215 rating the stock outperform, and 16 members rating it underperform. Among 52 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 48 give Super Micro Computer 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 Super Micro Computer is outperform, with an average price target of $13.50.

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