Rovi (Nasdaq: ROVI) reported earnings on May 3. Here are the numbers you need to know.

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

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

Margins shrank across the board.

Revenue details
Rovi chalked up revenue of $175.0 million. The 15 analysts polled by S&P Capital IQ expected a top line of $177.6 million on the same basis. GAAP reported sales were 8.4% higher than the prior-year quarter's $161.5 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 $0.56. The 16 earnings estimates compiled by S&P Capital IQ anticipated $0.56 per share. GAAP EPS were -$0.05 for Q1 versus $0.15 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 83.0%, 140 basis points worse than the prior-year quarter. Operating margin was 13.8%, 330 basis points worse than the prior-year quarter. Net margin was -2.6%, 1,320 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $184.1 million. On the bottom line, the average EPS estimate is $0.58.

Next year's average estimate for revenue is $770.2 million. The average EPS estimate is $2.53.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 164 members out of 187 rating the stock outperform, and 23 members rating it underperform. Among 55 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 50 give Rovi a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rovi is outperform, with an average price target of $41.83.

Software and computerized services are being consumed in radically different ways, on new and increasingly mobile devices. Many old leaders will be left behind. Whether or not Rovi makes the coming cut, you should check out the company that Motley Fool analysts expect to lead the pack in "The Next Trillion-Dollar Revolution." Get instant access to this free report.