Ericsson (OM: ERIC B) reported earnings on April 24. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended March 31 (Q1), Ericsson missed slightly on revenues and beat expectations on earnings per share.

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

Margins contracted across the board.

Revenue details
 Ericsson reported revenue of $7.96 billion. The 23 analysts polled by S&P Capital IQ anticipated revenue of $8.10 billion on the same basis. GAAP reported sales were the same as the prior-year quarter's.

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 $0.15. The 17 earnings estimates compiled by S&P Capital IQ forecast $0.14 per share. Non-GAAP EPS of $0.15 for Q1 were 67% higher than the prior-year quarter's $0.09 per share. GAAP EPS of $0.06 for Q1 were 86% lower than the prior-year quarter's $0.42 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 32.0%, 230 basis points worse than the prior-year quarter. Operating margin was 4.1%, 310 basis points worse than the prior-year quarter. Net margin was 2.3%, much worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $8.50 billion. On the bottom line, the average EPS estimate is $0.18.

Next year's average estimate for revenue is $35.38 billion. The average EPS estimate is $0.71.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 342 members out of 375 rating the stock outperform, and 33 members rating it underperform. Among 89 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 81 give Ericsson 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 Ericsson is outperform, with an average price target of $12.84.

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