Multi-Fineline Electronix (Nasdaq: MFLX) reported earnings on May 2. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q2), Multi-Fineline Electronix met expectations on revenues and missed expectations on earnings per share.

Compared to the prior-year quarter, revenue contracted significantly. GAAP earnings per share contracted to a loss.

Margins contracted across the board.

Revenue details
Multi-Fineline Electronix booked revenue of $173.7 million. The three analysts polled by S&P Capital IQ foresaw revenue of $174.0 million on the same basis. GAAP reported sales were 16% lower than the prior-year quarter's $208.0 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 -$1.00. The two earnings estimates compiled by S&P Capital IQ predicted -$0.76 per share. GAAP EPS were -$1.00 for Q2 versus $0.50 per share for 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 -8.9%, much worse than the prior-year quarter. Operating margin was -15.2%, much worse than the prior-year quarter. Net margin was -13.7%, much worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $181.8 million. On the bottom line, the average EPS estimate is -$0.44.

Next year's average estimate for revenue is $857.3 million. The average EPS estimate is -$0.89.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 108 members out of 128 rating the stock outperform, and 20 members rating it underperform. Among 30 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 24 give Multi-Fineline Electronix a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Multi-Fineline Electronix is outperform, with an average price target of $23.00.

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