KIT digital (Nasdaq: KITD) reported earnings on March 15. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), KIT digital beat slightly on revenues and missed estimates on earnings per share.

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

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

Revenue details
KIT digital tallied revenue of $70.0 million. The six analysts polled by S&P Capital IQ predicted a top line of $69.2 million on the same basis. GAAP reported sales were 82% higher than the prior-year quarter's $38.4 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 $0.05. The four earnings estimates compiled by S&P Capital IQ anticipated $0.15 per share. GAAP EPS were $0.05 for Q4 compared to -$0.31 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 79.3%, 2,500 basis points better than the prior-year quarter. Operating margin was 5.4%, 160 basis points worse than the prior-year quarter. Net margin was 3.1%, 2,520 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $72.5 million. On the bottom line, the average EPS estimate is $0.03.

Next year's average estimate for revenue is $326.5 million. The average EPS estimate is $0.49.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 46 members out of 50 rating the stock outperform, and four members rating it underperform. Among eight CAPS All-Star picks (recommendations by the highest-ranked CAPS members), seven give KIT digital a green thumbs-up, and one gives it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on KIT digital is outperform, with an average price target of $19.50.

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