Electronic Arts (Nasdaq: EA) reported earnings on July 31. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q1), Electronic Arts missed slightly on revenues and exceeded expectations on earnings per share.

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

Gross margins expanded, operating margins dropped, net margins contracted.

Revenue details
 Electronic Arts booked revenue of $491.0 million. The 19 analysts polled by S&P Capital IQ hoped for sales of $498.7 million on the same basis. GAAP reported sales were 4.4% lower than the prior-year quarter's $999.0 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 -$0.41. The 21 earnings estimates compiled by S&P Capital IQ averaged -$0.42 per share. GAAP EPS of $0.63 for Q1 were 4.5% lower than the prior-year quarter's $0.66 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 78.5%, 250 basis points better than the prior-year quarter. Operating margin was 23.2%, 150 basis points worse than the prior-year quarter. Net margin was 21.0%, 110 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $1.08 billion. On the bottom line, the average EPS estimate is $0.14.

Next year's average estimate for revenue is $4.27 billion. The average EPS estimate is $1.07.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 1,975 members out of 2,249 rating the stock outperform, and 274 members rating it underperform. Among 518 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 445 give Electronic Arts a green thumbs-up, and 73 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 $19.51.

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