Compuware (Nasdaq: CPWR) reported earnings on May 22. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q4), Compuware beat slightly on revenues and met expectations on earnings per share.

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

Gross margins expanded, operating margins dropped, net margins dropped.

Revenue details
Compuware reported revenue of $266.0 million. The six analysts polled by S&P Capital IQ expected to see revenue of $262.4 million on the same basis. GAAP reported sales were 6.6% higher than the prior-year quarter's $249.6 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 $0.12. The six earnings estimates compiled by S&P Capital IQ predicted $0.12 per share. GAAP EPS of $0.12 for Q4 were 25% lower than the prior-year quarter's $0.16 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 67.6%, 10 basis points better than the prior-year quarter. Operating margin was 13.6%, 150 basis points worse than the prior-year quarter. Net margin was 10.2%, 370 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $242.3 million. On the bottom line, the average EPS estimate is $0.06.

Next year's average estimate for revenue is $1.07 billion. The average EPS estimate is $0.48.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 146 members out of 172 rating the stock outperform, and 26 members rating it underperform. Among 49 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 43 give Compuware a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Compuware is outperform, with an average price target of $10.64.

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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. 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.