Cirrus Logic (Nasdaq: CRUS) reported earnings on April 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 30 (Q4), Cirrus Logic met expectations on revenues and whiffed on earnings per share.

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

Margins dropped across the board.

Revenue details
Cirrus Logic logged revenue of $206.9 million. The six analysts polled by S&P Capital IQ expected revenue of $207.7 million on the same basis. GAAP reported sales were 87% higher than the prior-year quarter's $110.6 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 eight earnings estimates compiled by S&P Capital IQ predicted $0.74 per share. Non-GAAP EPS of $0.59 for Q4 were 64% higher than the prior-year quarter's $0.36 per share. GAAP EPS of $0.39 for Q4 were 47% lower than the prior-year quarter's $0.74 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 40.4%, much worse than the prior-year quarter. Operating margin was 16.3%, 260 basis points worse than the prior-year quarter. Net margin was 12.7%, much worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $177.2 million. On the bottom line, the average EPS estimate is $0.55.

Next year's average estimate for revenue is $788.8 million. The average EPS estimate is $2.56.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 896 members out of 925 rating the stock outperform, and 29 members rating it underperform. Among 163 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 156 give Cirrus Logic a green thumbs-up, and seven give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cirrus Logic is outperform, with an average price target of $39.25.

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