TIBCO Software (Nasdaq: TIBX) reported earnings yesterday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 4 (Q1), TIBCO Software beat slightly on revenues and beat expectations on earnings per share.

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

Gross margins dropped, operating margins increased, and net margins improved.

Revenue details
TIBCO Software reported revenue of $225.7 million. The 14 analysts polled by S&P Capital IQ hoped for a top line of $222.3 million on the same basis. GAAP reported sales were 22% higher than the prior-year quarter's $185.3 million.

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

EPS details
Non-GAAP EPS came in at $0.20. The 13 earnings estimates compiled by S&P Capital IQ anticipated $0.19 per share on the same basis. GAAP EPS of $0.12 for Q1 were 33% higher than the prior-year quarter's $0.09 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 70.7%, 70 basis points worse than the prior-year quarter. Operating margin was 10.8%, 30 basis points better than the prior-year quarter. Net margin was 9.1%, 50 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $244.1 million. On the bottom line, the average EPS estimate is $0.23.

Next year's average estimate for revenue is $1.05 billion. The average EPS estimate is $1.18.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 460 members rating the stock outperform and 32 members rating it underperform. Among 142 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 135 give TIBCO Software a green thumbs-up, and seven give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on TIBCO Software is outperform, with an average price target of $29.54.

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