LivePerson (Nasdaq: LPSN) reported earnings on May 8. Here are the numbers you need to know.

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

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

Margins dropped across the board.

Revenue details
LivePerson reported revenue of $42.5 million. The 13 analysts polled by S&P Capital IQ predicted revenue of $42.6 million on the same basis. GAAP reported sales were 16% higher than the prior-year quarter's $36.8 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 $0.06. The 12 earnings estimates compiled by S&P Capital IQ forecast $0.07 per share. Non-GAAP EPS of $0.06 for Q1 were 33% lower than the prior-year quarter's $0.09 per share. GAAP EPS contracted to zero from the prior-year quarter's $0.06.

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 76.2%, 220 basis points worse than the prior-year quarter. Operating margin was -1.4%, much worse than the prior-year quarter. Net margin was -0.5%, 900 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $44.2 million. On the bottom line, the average EPS estimate is $0.05.

Next year's average estimate for revenue is $182.8 million. The average EPS estimate is $0.22.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 439 members out of 465 rating the stock outperform, and 26 members rating it underperform. Among 90 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 83 give LivePerson 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 LivePerson is outperform, with an average price target of $16.85.

Internet software and services are being consumed in radically different ways, on new and increasingly mobile devices. Is LivePerson 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.