Integrated Silicon Solution (Nasdaq: ISSI) reported earnings on July 31. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q3), Integrated Silicon Solution met expectations on revenues and beat expectations on earnings per share.

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

Gross margins grew, operating margins shrank, net margins grew.

Revenue details
Integrated Silicon Solution booked revenue of $77.8 million. The six analysts polled by S&P Capital IQ looked for sales of $78.7 million on the same basis. GAAP reported sales were 20% higher than the prior-year quarter's $64.8 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 $0.24. The six earnings estimates compiled by S&P Capital IQ averaged $0.14 per share. GAAP EPS of $0.24 for Q3 were 118% higher than the prior-year quarter's $0.11 per share.

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 33.5%, 60 basis points better than the prior-year quarter. Operating margin was 6.0%, 200 basis points worse than the prior-year quarter. Net margin was 9.1%, 430 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $83.6 million. On the bottom line, the average EPS estimate is $0.18.

Next year's average estimate for revenue is $313.7 million. The average EPS estimate is $0.52.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 213 members out of 226 rating the stock outperform, and 13 members rating it underperform. Among 45 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 42 give Integrated Silicon Solution a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Integrated Silicon Solution is buy, with an average price target of $13.33.

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