Sequenom (Nasdaq: SQNM) reported earnings on July 24. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Sequenom whiffed on revenues and missed expectations on earnings per share.

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

Gross margins contracted, operating margins expanded, net margins grew.

Revenue details
Sequenom booked revenue of $34.9 million. The eight analysts polled by S&P Capital IQ expected revenue of $46.8 million on the same basis. GAAP reported sales were 91% higher than the prior-year quarter's $18.3 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 -$0.27. The eight earnings estimates compiled by S&P Capital IQ predicted -$0.21 per share. GAAP EPS were -$0.27 for Q2 versus -$0.26 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 30.2%, 200 basis points worse than the prior-year quarter. Operating margin was -82.3%, much better than the prior-year quarter. Net margin was -89.0%, much better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $38.5 million. On the bottom line, the average EPS estimate is -$0.24.

Next year's average estimate for revenue is $157.6 million. The average EPS estimate is -$0.96.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 656 members out of 712 rating the stock outperform, and 56 members rating it underperform. Among 161 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 146 give Sequenom a green thumbs-up, and 15 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Sequenom is buy, with an average price target of $7.21.

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