Oracle (Nasdaq: ORCL) reported earnings yesterday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Feb. 29 (Q3), Oracle met expectations on revenues and beat expectations on earnings per share.

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

Margins expanded across the board.

Revenue details
Oracle notched revenue of $9.04 billion. The 31 analysts polled by S&P Capital IQ predicted revenue of $9.02 billion on the same basis. GAAP reported sales were 3.1% higher than the prior-year quarter's $8.76 billion.

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 $0.62. The 37 earnings estimates compiled by S&P Capital IQ averaged $0.56 per share on the same basis. GAAP EPS of $0.49 for Q3 were 20% higher than the prior-year quarter's $0.41 per share.

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 78.9%, 190 basis points better than the prior-year quarter. Operating margin was 37.8%, 230 basis points better than the prior-year quarter. Net margin was 27.6%, 350 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $10.97 billion. On the bottom line, the average EPS estimate is $0.77.

Next year's average estimate for revenue is $37.22 billion. The average EPS estimate is $2.38.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 3,361 members rating the stock outperform and 210 members rating it underperform. Among 797 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 759 give Oracle a green thumbs-up, and 38 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Oracle is outperform, with an average price target of $33.49.

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