Sohu.com (Nasdaq: SOHU) reported earnings on April 29. Here are the numbers you need to know.

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

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

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

Revenue details
Sohu.com logged revenue of $307.6 million. The 10 analysts polled by S&P Capital IQ anticipated a top line of $296.9 million on the same basis. GAAP reported sales were 36% higher than the prior-year quarter's $226.6 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 $0.62. The nine earnings estimates compiled by S&P Capital IQ predicted $0.53 per share. Non-GAAP EPS of $0.62 for Q1 were 17% higher than the prior-year quarter's $0.53 per share. GAAP EPS of $0.60 for Q1 were 13% higher than the prior-year quarter's $0.53 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 66.3%, 140 basis points better than the prior-year quarter. Operating margin was 23.1%, 10 basis points better than the prior-year quarter. Net margin was 7.9%, 230 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $318.2 million. On the bottom line, the average EPS estimate is $0.71.

Next year's average estimate for revenue is $1.31 billion. The average EPS estimate is $2.86.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,137 members out of 1,206 rating the stock outperform, and 69 members rating it underperform. Among 270 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 247 give Sohu.com a green thumbs-up, and 23 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Sohu.com is hold, with an average price target of $49.62.

Internet software and services are being consumed in radically different ways, on new and increasingly mobile devices. Is Sohu.com on the right side of the revolution? Check out the changing landscape and meet the company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.