Electronic Arts (Nasdaq: EA) reported earnings on Feb. 1. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q3), Electronic Arts beat expectations on revenues and earnings per share.

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

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

Revenue details
Electronic Arts chalked up revenue of $1.65 billion. The 20 analysts polled by S&P Capital IQ anticipated revenue of $1.62 billion. Sales were 0.8% higher than the prior-year quarter's $1.41 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.

EPS details
Non-GAAP EPS came in at $0.99. The 20 earnings estimates compiled by S&P Capital IQ forecast $0.93 per share on the same basis. GAAP EPS were -$0.62 for Q3 compared to -$0.97 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 48.0%, 370 basis points better than the prior-year quarter. Operating margin was -18.3%, 420 basis points worse than the prior-year quarter. Net margin was -19.3%, 1,130 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $989.9 million. On the bottom line, the average EPS estimate is $0.28.

Next year's average estimate for revenue is $4.18 billion. The average EPS estimate is $0.89.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,974 members out of 2,229 rating the stock outperform, and 255 members rating it underperform. Among 589 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 531 give Electronic Arts a green thumbs-up, and 58 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Electronic Arts is outperform, with an average price target of $26.05.

Software and computerized services are being consumed in radically different ways, on new and increasingly mobile devices. Many old leaders will be left behind. Whether or not Electronic Arts makes the coming cut, you should check out the company that Motley Fool analysts expect to lead the pack in "The Next Trillion-Dollar Revolution." Click here for instant access to this free report.