Dell (Nasdaq: DELL) reported earnings on May 22. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended May 4 (Q1), Dell missed estimates on revenue and missed estimates on earnings per share.

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

Margins dropped across the board.

Revenue details
Dell recorded revenue of $14.42 billion. The 27 analysts polled by S&P Capital IQ wanted to see net sales of $14.91 billion on the same basis. GAAP reported sales were 4.0% lower than the prior-year quarter's $15.02 billion.

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 $0.43. The 29 earnings estimates compiled by S&P Capital IQ predicted $0.46 per share. GAAP EPS of $0.36 for Q1 were 27% lower than the prior-year quarter's $0.49 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 21.3%, 160 basis points worse than the prior-year quarter. Operating margin was 5.7%, 290 basis points worse than the prior-year quarter. Net margin was 4.4%, 190 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $14.79 billion. On the bottom line, the average EPS estimate is $0.46.

Next year's average estimate for revenue is $60.21 billion. The average EPS estimate is $1.93.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Dell is outperform, with an average price target of $18.70.

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