Given Imaging (Nasdaq: GIVN) reported earnings on May 8. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Given Imaging missed estimates on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue dropped slightly. Non-GAAP earnings per share contracted. GAAP earnings per share dropped to a loss.

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

Revenue details
Given Imaging reported revenue of $40.6 million. The two analysts polled by S&P Capital IQ predicted revenue of $44.6 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

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 $0.05. The two earnings estimates compiled by S&P Capital IQ predicted $0.13 per share. Non-GAAP EPS of $0.05 for Q1 were 17% lower than the prior-year quarter's $0.06 per share. GAAP EPS were -$0.01 for Q1 compared to $0.01 per share for the prior-year quarter.

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 77.1%, 150 basis points better than the prior-year quarter. Operating margin was 0.2%, 80 basis points worse than the prior-year quarter. Net margin was -0.5%, 100 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $49.7 million. On the bottom line, the average EPS estimate is $0.18.

Next year's average estimate for revenue is $198.6 million. The average EPS estimate is $0.72.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 119 members out of 134 rating the stock outperform, and 15 members rating it underperform. Among 22 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 20 give Given Imaging a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Given Imaging is outperform, with an average price target of $20.33.

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