Cognizant Technology Solutions (Nasdaq: CTSH) reported earnings on Feb. 7. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Cognizant Technology Solutions met expectations on revenues and met expectations on earnings per share.

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

Margins contracted across the board.

Revenue details
Cognizant Technology Solutions booked revenue of $1.95 billion. The 25 analysts polled by S&P Capital IQ expected revenue of $1.95 billion on the same basis. GAAP reported sales were 17% higher than the prior-year quarter's $1.66 billion.

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 $0.92. The 25 earnings estimates compiled by S&P Capital IQ forecast $0.91 per share. GAAP EPS of $0.92 for Q4 were 18% higher than the prior-year quarter's $0.78 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 40.9%, 80 basis points worse than the prior-year quarter. Operating margin was 18.3%, 20 basis points worse than the prior-year quarter. Net margin was 14.3%, 10 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $2.00 billion. On the bottom line, the average EPS estimate is $0.93.

Next year's average estimate for revenue is $8.58 billion. The average EPS estimate is $4.00.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,070 members out of 1,123 rating the stock outperform, and 53 members rating it underperform. Among 303 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 291 give Cognizant Technology Solutions a green thumbs-up, and 12 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cognizant Technology Solutions is outperform, with an average price target of $76.33.

Is Cognizant Technology Solutions playing the right part in the new technology revolution? Computers, mobile devices, and related services are creating huge amounts of valuable data, but only for companies that can crunch the numbers and make sense of it. Meet the leader in this field in "The Only Stock You Need To Profit From the NEW Technology Revolution." Click here for instant access to this free report.