MICROS Systems (Nasdaq: MCRS) reported earnings on April 26. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q3), MICROS Systems met expectations on revenue and beat expectations on earnings per share.

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

Gross margin contracted, operating margin dropped, and net margin increased.

Revenue details
MICROS Systems booked revenue of $278.0 million. The 11 analysts polled by S&P Capital IQ expected a top line of $277.5 million on the same basis. GAAP reported sales were 9.8% higher than the prior-year quarter's $253.2 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 $0.56. The 11 earnings estimates compiled by S&P Capital IQ forecast $0.52 per share. GAAP EPS of $0.53 for Q3 were 13% higher than the prior-year quarter's $0.47 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 54.9%, 90 basis points worse than the prior-year quarter. Operating margin was 20.1%, 40 basis points worse than the prior-year quarter. Net margin was 15.6%, 40 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $301.7 million. On the bottom line, the average EPS estimate is $0.60.

Next year's average estimate for revenue is $1.11 billion. The average EPS estimate is $2.11.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 112 members out of 119 rating the stock outperform, and seven members rating it underperform. Among 35 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 33 give MICROS Systems a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on MICROS Systems is buy, with an average price target of $59.39.

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