Rovi (Nasdaq: ROVI) reported earnings on May 1. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Rovi beat slightly on revenues and missed estimates on earnings per share.

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

Margins dropped across the board.

Revenue details
Rovi booked revenue of $154.7 million. The 12 analysts polled by S&P Capital IQ hoped for sales of $152.6 million on the same basis. GAAP reported sales were 12% lower than the prior-year quarter's $175.0 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 $0.45. The 12 earnings estimates compiled by S&P Capital IQ predicted $0.46 per share. Non-GAAP EPS of $0.45 for Q1 were 20% lower than the prior-year quarter's $0.56 per share. (The prior-year quarter included -$0.06 per share in earnings from discontinued operations.) GAAP EPS were -$0.26 for Q1 against -$0.05 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 80.1%, 290 basis points worse than the prior-year quarter. Operating margin was 10.9%, 290 basis points worse than the prior-year quarter. Net margin was -16.6%, much worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $153.7 million. On the bottom line, the average EPS estimate is $0.46.

Next year's average estimate for revenue is $647.1 million. The average EPS estimate is $2.08.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 156 members out of 179 rating the stock outperform, and 23 members rating it underperform. Among 52 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 47 give Rovi a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rovi is outperform, with an average price target of $22.70.

Looking for alternatives to Rovi? 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.