International Game Technology (NYSE: IGT) reported earnings on April 24. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q2), International Game Technology beat expectations on revenues and met expectations on earnings per share.

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

Margins dropped across the board.

Revenue details
International Game Technology logged revenue of $541.2 million. The 16 analysts polled by S&P Capital IQ expected to see net sales of $515.7 million on the same basis. GAAP reported sales were 17% higher than the prior-year quarter's $463.4 million.

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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 $0.25. The 20 earnings estimates compiled by S&P Capital IQ averaged $0.25 per share on the same basis. GAAP EPS of $0.21 for Q2 were 8.7% lower than the prior-year quarter's $0.23 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 57.9%, 160 basis points worse than the prior-year quarter. Operating margin was 24.0%, 280 basis points worse than the prior-year quarter. Net margin was 11.4%, 360 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $534.2 million. On the bottom line, the average EPS estimate is $0.29.

Next year's average estimate for revenue is $2.05 billion. The average EPS estimate is $1.00.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 635 members out of 679 rating the stock outperform, and 44 members rating it underperform. Among 175 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 166 give International Game Technology a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on International Game Technology is outperform, with an average price target of $19.05.

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.