SolarWinds (NYSE: SWI) reported earnings on April 30. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), SolarWinds missed estimates 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 expanded significantly.

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

Revenue details
SolarWinds booked revenue of $72.9 million. The 12 analysts polled by S&P Capital IQ anticipated sales of $75.7 million on the same basis. GAAP reported sales were 22% higher than the prior-year quarter's $59.7 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 14 earnings estimates compiled by S&P Capital IQ forecast $0.37 per share. Non-GAAP EPS of $0.41 for Q1 were 37% higher than the prior-year quarter's $0.30 per share. GAAP EPS of $0.30 for Q1 were 30% higher than the prior-year quarter's $0.23 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 92.3%, 50 basis points worse than the prior-year quarter. Operating margin was 40.2%, 50 basis points better than the prior-year quarter. Net margin was 31.5%, 280 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $78.3 million. On the bottom line, the average EPS estimate is $0.38.

Next year's average estimate for revenue is $330.8 million. The average EPS estimate is $1.63.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 130 members out of 161 rating the stock outperform, and 31 members rating it underperform. Among 37 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 30 give SolarWinds a green thumbs-up, and seven give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on SolarWinds is outperform, with an average price target of $60.29.

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