Parametric Technology (Nasdaq: PMTC) reported earnings on Jan. 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q1), Parametric Technology beat slightly on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue increased significantly and earnings per share increased significantly.

Margins expanded across the board.

Revenue details
Parametric Technology logged revenue of $318.3 million. The 11 analysts polled by S&P Capital IQ hoped for a top line of $312.9 million. Sales were 19% higher than the prior-year quarter's $266.6 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.

EPS details
Non-GAAP EPS came in at $0.35. The 12 earnings estimates compiled by S&P Capital IQ forecast $0.31 per share on the same basis. GAAP EPS of $0.18 for Q1 were 64% higher than the prior-year quarter's $0.11 per share.

Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 69.1%, 140 basis points better than the prior-year quarter. Operating margin was 10.2%, 380 basis points better than the prior-year quarter. Net margin was 7%, 200 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $316.6 million. On the bottom line, the average EPS estimate is $0.33.

Next year's average estimate for revenue is $1.32 billion. The average EPS estimate is $1.49.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 71 members out of 90 rating the stock outperform, and 19 members rating it underperform. Among 22 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 22 give Parametric Technology a green thumbs-up, and none give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Parametric Technology is outperform, with an average price target of $24.33.

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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.