Ebix (Nasdaq: EBIX) reported earnings on Nov. 8. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Ebix beat expectations on revenues and beat expectations on earnings per share.

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

Gross margins grew, operating margins dropped, net margins dropped.

Revenue details
Ebix reported revenue of $53.8 million. The two analysts polled by S&P Capital IQ expected revenue of $50.9 million on the same basis. GAAP reported sales were 26% higher than the prior-year quarter's $42.6 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 $0.46. The two earnings estimates compiled by S&P Capital IQ predicted $0.40 per share. GAAP EPS of $0.46 for Q3 were 12% higher than the prior-year quarter's $0.41 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 82.3%, 270 basis points better than the prior-year quarter. Operating margin was 38.5%, 80 basis points worse than the prior-year quarter. Net margin was 33.6%, 520 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $52.2 million. On the bottom line, the average EPS estimate is $0.42.

Next year's average estimate for revenue is $194.6 million. The average EPS estimate is $1.68.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,467 members out of 1,507 rating the stock outperform, and 40 members rating it underperform. Among 312 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 305 give Ebix a green thumbs-up, and seven give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ebix is buy, with an average price target of $27.50.

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 Ebix 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." Click here for instant access to this free report.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.