EMC (NYSE: EMC) reported earnings on April 19. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), EMC met expectations on revenue and beat expectations on earnings per share.

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

Margins improved across the board.

Revenue details
EMC reported revenue of $5.09 billion. The 29 analysts polled by S&P Capital IQ foresaw revenue of $5.12 billion on the same basis. GAAP reported sales were 11% higher than the prior-year quarter's $4.61 billion.

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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 $0.37. The 31 earnings estimates compiled by S&P Capital IQ predicted $0.36 per share on the same basis. GAAP EPS of $0.27 for Q1 were 29% higher than the prior-year quarter's $0.21 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 61.1%, 250 basis points better than the prior-year quarter. Operating margin was 17.2%, 200 basis points better than the prior-year quarter. Net margin was 11.5%, 110 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $5.34 billion. On the bottom line, the average EPS estimate is $0.40.

Next year's average estimate for revenue is $22.08 billion. The average EPS estimate is $1.75.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 3,614 members out of 3,746 rating the stock outperform, and 132 members rating it underperform. Among 787 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 771 give EMC a green thumbs-up, and 16 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on EMC is outperform, with an average price target of $31.63.

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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. The Motley Fool owns shares of EMC. 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.