Odyssey Marine Exploration (Nasdaq: OMEX) reported earnings March 12. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Odyssey Marine Exploration whiffed on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped significantly and GAAP loss per share shrank.

Margins contracted across the board.

Revenue details
Odyssey Marine Exploration reported revenue of $.9 million. The two analysts polled by S&P Capital IQ wanted to see revenue of $4.5 million on the same basis. GAAP reported sales were 76% lower than the prior-year quarter's $3.9 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Non-GAAP EPS came in at -$0.05. The two earnings estimates compiled by S&P Capital IQ predicted -$0.05 per share on the same basis. GAAP EPS were -$0.06 for Q4 compared to -$0.24 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 -504.3%, 49,380 basis points worse than the prior-year quarter. Operating margin was -767.2%, 47,760 basis points worse than the prior-year quarter. Net margin was -419.8%, 2,510 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $5.3 million. On the bottom line, the average EPS estimate is -$0.05.

Next year's average estimate for revenue is $20.8 million. The average EPS estimate is -$0.11.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 145 members out of 195 rating the stock outperform, and 50 members rating it underperform. Among 47 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 27 give Odyssey Marine Exploration a green thumbs-up, and 20 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Odyssey Marine Exploration is buy, with an average price target of $5.00.

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