OpenText (Nasdaq: OTEX) reported earnings on April 24. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended March 31 (Q3), OpenText missed estimates on revenues and missed estimates on earnings per share.

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

Gross margins grew, operating margins grew, net margins shrank.

Revenue details
 OpenText reported revenue of $337.7 million. The 14 analysts polled by S&P Capital IQ foresaw revenue of $344.8 million on the same basis. GAAP reported sales were 16% higher than the prior-year quarter's $292.3 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 $1.26. The 15 earnings estimates compiled by S&P Capital IQ predicted $1.30 per share. Non-GAAP EPS of $1.26 for Q3 were 25% higher than the prior-year quarter's $1.01 per share. GAAP EPS of $0.44 for Q3 were 25% lower than the prior-year quarter's $0.59 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 71.1%, 20 basis points better than the prior-year quarter. Operating margin was 13.7%, 220 basis points better than the prior-year quarter. Net margin was 7.6%, 430 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $363.5 million. On the bottom line, the average EPS estimate is $1.44.

Next year's average estimate for revenue is $1.38 billion. The average EPS estimate is $5.61.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 191 members out of 213 rating the stock outperform, and 22 members rating it underperform. Among 65 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 57 give OpenText a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on OpenText is hold, with an average price target of $66.27.

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