Haemonetics (NYSE: HAE) reported earnings on July 29. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 29 (Q1), Haemonetics missed estimates on revenues and beat expectations on earnings per share.

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

Margins dropped across the board.

Revenue details
Haemonetics reported revenue of $219.5 million. The 10 analysts polled by S&P Capital IQ looked for sales of $233.2 million on the same basis. GAAP reported sales were 24% higher than the prior-year quarter's $176.5 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
EPS came in at $0.46. The nine earnings estimates compiled by S&P Capital IQ predicted $0.39 per share. Non-GAAP EPS of $0.46 for Q1 were 64% higher than the prior-year quarter's $0.28 per share. GAAP EPS were -$0.15 for Q1 versus $0.19 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Margin details
For the quarter, gross margin was 50.7%, 40 basis points worse than the prior-year quarter. Operating margin was -3.0%, much worse than the prior-year quarter. Net margin was -3.6%, 910 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $239.3 million. On the bottom line, the average EPS estimate is $0.52.

Next year's average estimate for revenue is $968.1 million. The average EPS estimate is $2.14.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 121 members out of 124 rating the stock outperform, and three members rating it underperform. Among 41 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 41 give Haemonetics a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Haemonetics is outperform, with an average price target of $47.63.

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