Glu Mobile (Nasdaq: GLUU) reported earnings on May 1. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended March 31 (Q1), Glu Mobile beat expectations on revenues and exceeded expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped. GAAP loss per share dropped.

Gross margins grew, operating margins contracted, net margins grew.

Revenue details
 Glu Mobile logged revenue of $19.0 million. The nine analysts polled by S&P Capital IQ predicted a top line of $18.0 million on the same basis. GAAP reported sales were 11% lower than the prior-year quarter's $21.5 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 -$0.08. The six earnings estimates compiled by S&P Capital IQ averaged -$0.13 per share. GAAP EPS were -$0.08 for Q1 compared to -$0.11 per share for the prior-year quarter.

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 89.6%, 150 basis points better than the prior-year quarter. Operating margin was -26.0%, 100 basis points worse than the prior-year quarter. Net margin was -28.7%, 310 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $20.3 million. On the bottom line, the average EPS estimate is -$0.09.

Next year's average estimate for revenue is $88.8 million. The average EPS estimate is -$0.31.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 201 members out of 232 rating the stock outperform, and 31 members rating it underperform. Among 31 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 22 give Glu Mobile a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Glu Mobile is outperform, with an average price target of $3.19.

Looking for alternatives to Glu Mobile? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.