VanceInfo Technologies (NYSE: VIT) reported earnings on May 15. Here are the numbers you need to know.

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

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

Margins contracted across the board.

Revenue details
VanceInfo Technologies reported revenue of $86.1 million. The eight analysts polled by S&P Capital IQ expected sales of $80.2 million on the same basis. GAAP reported sales were 50% higher than the prior-year quarter's $57.4 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 $0.16. The eight earnings estimates compiled by S&P Capital IQ anticipated $0.15 per share. GAAP EPS of $0.08 for Q1 were 47% lower than the prior-year quarter's $0.15 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 31.4%, 600 basis points worse than the prior-year quarter. Operating margin was 3.7%, 800 basis points worse than the prior-year quarter. Net margin was 3.9%, 820 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $88.7 million. On the bottom line, the average EPS estimate is $0.21.

Next year's average estimate for revenue is $362.8 million. The average EPS estimate is $0.90.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 237 members out of 273 rating the stock outperform, and 36 members rating it underperform. Among 51 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 42 give VanceInfo Technologies 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 VanceInfo Technologies is outperform, with an average price target of $15.32.

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