Akamai Technologies (Nasdaq: AKAM) reported earnings on April 24. Here are the numbers you need to know.

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

Compared to the prior-year quarter, revenue grew significantly. Non-GAAP earnings per share expanded significantly. GAAP earnings per share increased significantly.

Gross margins dropped, operating margins grew, net margins grew.

Revenue details
Akamai Technologies reported revenue of $368.0 million. The 23 analysts polled by S&P Capital IQ foresaw revenue of $357.8 million on the same basis. GAAP reported sales were 15% higher than the prior-year quarter's $319.4 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 $0.51. The 24 earnings estimates compiled by S&P Capital IQ anticipated $0.47 per share. Non-GAAP EPS of $0.51 for Q1 were 24% higher than the prior-year quarter's $0.41 per share. GAAP EPS of $0.39 for Q1 were 63% higher than the prior-year quarter's $0.24 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 67.3%, 60 basis points worse than the prior-year quarter. Operating margin was 27.6%, 380 basis points better than the prior-year quarter. Net margin was 19.4%, 590 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $363.2 million. On the bottom line, the average EPS estimate is $0.45.

Next year's average estimate for revenue is $1.51 billion. The average EPS estimate is $1.91.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 3,033 members out of 3,184 rating the stock outperform, and 151 members rating it underperform. Among 677 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 649 give Akamai Technologies a green thumbs-up, and 28 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Akamai Technologies is outperform, with an average price target of $41.48.

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