Editor's note: An earlier version of this story stated that ZAGG missed EPS estimates. The Fool regrets the error.

ZAGG (NAS: ZAGG) reported earnings on Aug. 2. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), ZAGG beat expectations on revenues and met expectations on earnings per share.


Compared with the prior-year quarter, revenue increased significantly and GAAP earnings per share increased significantly.

Margins improved across the board.

Revenue details
ZAGG booked revenue of $61.6 million. The six analysts polled by S&P Capital IQ predicted a top line of $58.4 million on the same basis. GAAP reported sales were 59% higher than the prior-year quarter's $38.8 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 $0.18. The six earnings estimates compiled by S&P Capital IQ anticipated $0.18 per share. GAAP EPS of $0.18 for Q2 were 80% higher than the prior-year quarter's $0.10 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 46.1%, 30 basis points better than the prior-year quarter. Operating margin was 17.5%, 190 basis points better than the prior-year quarter. Net margin was 9.4%, 230 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $64.0 million. On the bottom line, the average EPS estimate is $0.20.

Next year's average estimate for revenue is $261.2 million. The average EPS estimate is $0.85.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 245 members out of 378 rating the stock outperform, and 133 members rating it underperform. Among 95 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 19 give ZAGG a green thumbs-up, and 76 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ZAGG is buy, with an average price target of $17.54.

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The article ZAGG Beats on the Top Line originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is the co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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