IAC/InterActiveCorp (Nasdaq: IACI) reported earnings on April 30. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), IAC/InterActiveCorp missed slightly on revenues and beat expectations on earnings per share.

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

Margins grew across the board.

Revenue details
IAC/InterActiveCorp chalked up revenue of $742.2 million. The 14 analysts polled by S&P Capital IQ anticipated revenue of $756.7 million on the same basis. GAAP reported sales were 16% higher than the prior-year quarter's $640.6 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 $0.83. The 14 earnings estimates compiled by S&P Capital IQ predicted $0.69 per share. Non-GAAP EPS of $0.83 for Q1 were 63% higher than the prior-year quarter's $0.51 per share. (The prior-year quarter included $0.04 per share in earnings from discontinued operations.) GAAP EPS of $0.62 for Q1 were 63% higher than the prior-year quarter's $0.38 per share. (The prior-year quarter included $0.04 per share in earnings from discontinued operations.)

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 65.6%, 50 basis points better than the prior-year quarter. Operating margin was 11.4%, 160 basis points better than the prior-year quarter. Net margin was 7.2%, 180 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $793.6 million. On the bottom line, the average EPS estimate is $0.95.

Next year's average estimate for revenue is $3.25 billion. The average EPS estimate is $3.70.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 354 members out of 392 rating the stock outperform, and 38 members rating it underperform. Among 128 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 118 give IAC/InterActiveCorp a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on IAC/InterActiveCorp is outperform, with an average price target of $55.07.

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