Oil States International (NYSE: OIS) reported earnings on April 24. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended March 31 (Q1), Oil States International beat slightly on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped slightly. Non-GAAP earnings per share contracted significantly. GAAP earnings per share contracted significantly.

Margins dropped across the board.

Revenue details
 Oil States International chalked up revenue of $1.07 billion. The 13 analysts polled by S&P Capital IQ looked for a top line of $1.06 billion on the same basis. GAAP reported sales were the same as the prior-year quarter's.

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 $1.80. The 17 earnings estimates compiled by S&P Capital IQ averaged $1.82 per share. Non-GAAP EPS of $1.80 for Q1 were 18% lower than the prior-year quarter's $2.20 per share. GAAP EPS of $1.85 for Q1 were 24% lower than the prior-year quarter's $2.43 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 25.9%, 170 basis points worse than the prior-year quarter. Operating margin was 15.1%, 360 basis points worse than the prior-year quarter. Net margin was 9.6%, 270 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $1.08 billion. On the bottom line, the average EPS estimate is $1.73.

Next year's average estimate for revenue is $4.40 billion. The average EPS estimate is $7.35.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 411 members out of 430 rating the stock outperform, and 19 members rating it underperform. Among 87 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 83 give Oil States International a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Oil States International is outperform, with an average price target of $93.68.

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