Advanced Energy Industries (Nasdaq: AEIS) reported earnings on April 29. Here are the numbers you need to know.

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

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

Gross margins shrank, operating margins increased, net margins expanded.

Revenue details
 Advanced Energy Industries reported revenue of $111.8 million. The seven analysts polled by S&P Capital IQ predicted revenue of $110.6 million on the same basis. GAAP reported sales were 5.7% higher than the prior-year quarter's $105.8 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 $0.20. The nine earnings estimates compiled by S&P Capital IQ predicted $0.17 per share. Non-GAAP EPS of $0.20 for Q1 were 233% higher than the prior-year quarter's $0.06 per share. (The prior-year quarter included $0.01 per share in earnings from discontinued operations.) GAAP EPS of $0.17 for Q1 were 467% higher than the prior-year quarter's $0.03 per share. (The prior-year quarter included $0.01 per share in earnings from discontinued operations.)

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 37.4%, 20 basis points worse than the prior-year quarter. Operating margin was 6.9%, 390 basis points better than the prior-year quarter. Net margin was 6.1%, 510 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $131.9 million. On the bottom line, the average EPS estimate is $0.22.

Next year's average estimate for revenue is $545.7 million. The average EPS estimate is $1.07.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 220 members out of 234 rating the stock outperform, and 14 members rating it underperform. Among 55 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 50 give Advanced Energy Industries a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Advanced Energy Industries is hold, with an average price target of $19.60.

Is Advanced Energy Industries your best play in technology? Computers, mobile devices, and related services are creating huge amounts of valuable data, but only for companies that can crunch the numbers and make sense of it. Meet the leader in this field in "The Only Stock You Need To Profit From the NEW Technology Revolution." Click here for instant access to this free report.