Vantage Drilling (AMEX: VTG) reported earnings on Nov. 9. Here are the numbers you need to know.

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

Compared to the prior-year quarter, revenue dropped and GAAP earnings per share grew to zero. The non-GAAP profit was a surprise, as analysts had predicted a loss.

Margins grew across the board.

Revenue details
 Vantage Drilling reported revenue of $111.5 million. The four analysts polled by S&P Capital IQ expected to see revenue of $110.5 million on the same basis. GAAP reported sales were 20% higher than the prior-year quarter's $93.2 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 $0.01. The eight earnings estimates compiled by S&P Capital IQ predicted -$0.03 per share. GAAP EPS shrank to zero from the prior-year quarter's -$0.04.

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 53.4%, 2,810 basis points better than the prior-year quarter. Operating margin was 32.6%, 390 basis points better than the prior-year quarter. Net margin was -0.5%, 1,230 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $145.3 million. On the bottom line, the average EPS estimate is -$0.01.

Next year's average estimate for revenue is $492.8 million. The average EPS estimate is -$0.07.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 182 members out of 193 rating the stock outperform, and 11 members rating it underperform. Among 44 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 38 give Vantage Drilling 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 Vantage Drilling is outperform, with an average price target of $2.22.

Is Vantage Drilling the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.