Integrated Device Technology (Nasdaq: IDTI) reported earnings on July 25. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q1), Integrated Device Technology beat slightly on revenues and beat expectations on earnings per share.

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

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

Revenue details
 Integrated Device Technology logged revenue of $118.0 million. The six analysts polled by S&P Capital IQ hoped for a top line of $115.8 million on the same basis. GAAP reported sales were 9.4% lower than the prior-year quarter's $130.2 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 $0.05. The six earnings estimates compiled by S&P Capital IQ predicted $0.04 per share. Non-GAAP EPS of $0.05 for Q1 were 38% lower than the prior-year quarter's $0.08 per share. (The prior-year quarter included -$0.03 per share in earnings from discontinued operations.) GAAP EPS were -$0.02 for Q1 compared to -$0.03 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 56.1%, 40 basis points better than the prior-year quarter. Operating margin was -2.1%, 290 basis points worse than the prior-year quarter. Net margin was -1.9%, 140 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $125.2 million. On the bottom line, the average EPS estimate is $0.08.

Next year's average estimate for revenue is $502.3 million. The average EPS estimate is $0.34.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 175 members out of 185 rating the stock outperform, and 10 members rating it underperform. Among 45 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 43 give Integrated Device Technology a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Integrated Device Technology is outperform, with an average price target of $9.25.

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