BroadSoft (Nasdaq: BSFT) reported earnings on May 7. Here are the numbers you need to know.

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

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

Margins dropped across the board.

Revenue details
BroadSoft recorded revenue of $38.3 million. The 12 analysts polled by S&P Capital IQ hoped for revenue of $37.0 million on the same basis. GAAP reported sales were 29% higher than the prior-year quarter's $29.7 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 $0.29. The 11 earnings estimates compiled by S&P Capital IQ anticipated $0.23 per share. GAAP EPS of $0.06 for Q1 were 54% lower than the prior-year quarter's $0.13 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 80.4%, 70 basis points worse than the prior-year quarter. Operating margin was 12.8%, 120 basis points worse than the prior-year quarter. Net margin was 4.4%, 810 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $38.6 million. On the bottom line, the average EPS estimate is $0.28.

Next year's average estimate for revenue is $162.3 million. The average EPS estimate is $1.27.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 41 members out of 144 rating the stock outperform, and 103 members rating it underperform. Among 45 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), five give BroadSoft a green thumbs-up, and 40 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on BroadSoft is outperform, with an average price target of $42.11.

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