Rovi (Nasdaq: ROVI) reported earnings on May 3. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Rovi met expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue shrank and GAAP earnings per share dropped to a loss.

Margins shrank across the board.

Revenue details
Rovi chalked up revenue of $175.0 million. The 15 analysts polled by S&P Capital IQ expected a top line of $177.6 million on the same basis. GAAP reported sales were 8.4% higher than the prior-year quarter's $161.5 million.

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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 $0.56. The 16 earnings estimates compiled by S&P Capital IQ anticipated $0.56 per share. GAAP EPS were -$0.05 for Q1 versus $0.15 per share for the prior-year quarter.

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 83.0%, 140 basis points worse than the prior-year quarter. Operating margin was 13.8%, 330 basis points worse than the prior-year quarter. Net margin was -2.6%, 1,320 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $184.1 million. On the bottom line, the average EPS estimate is $0.58.

Next year's average estimate for revenue is $770.2 million. The average EPS estimate is $2.53.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 164 members out of 187 rating the stock outperform, and 23 members rating it underperform. Among 55 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 50 give Rovi a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rovi is outperform, with an average price target of $41.83.

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