RDA Microelectronics (Nasdaq: RDA) reported earnings on May 7. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), RDA Microelectronics met expectations on revenues and met expectations on earnings per share.

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

Margins dropped across the board.

Revenue details
RDA Microelectronics reported revenue of $97.1 million. The six analysts polled by S&P Capital IQ expected revenue of $96.7 million on the same basis. GAAP reported sales were 35% higher than the prior-year quarter's $72.0 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 $0.28. The six earnings estimates compiled by S&P Capital IQ predicted $0.28 per share. Non-GAAP EPS of $0.28 for Q1 were 6.7% lower than the prior-year quarter's $0.30 per share. GAAP EPS of $0.22 for Q1 were 27% lower than the prior-year quarter's $0.30 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 32.1%, 380 basis points worse than the prior-year quarter. Operating margin was 11.3%, 870 basis points worse than the prior-year quarter. Net margin was 11.0%, 820 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $108.9 million. On the bottom line, the average EPS estimate is $0.34.

Next year's average estimate for revenue is $448.5 million. The average EPS estimate is $1.42.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 19 members out of 23 rating the stock outperform, and four members rating it underperform. Among eight CAPS All-Star picks (recommendations by the highest-ranked CAPS members), seven give RDA Microelectronics a green thumbs-up, and one give it a red thumbs-down.

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