ZAGG (Nasdaq: ZAGG) reported earnings on May 2. Here are the numbers you need to know.

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

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

Margins contracted across the board.

Revenue details
 ZAGG booked revenue of $51.5 million. The six analysts polled by S&P Capital IQ expected revenue of $66.5 million on the same basis. GAAP reported sales were 7.2% lower than the prior-year quarter's $55.5 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 $0.03. The six earnings estimates compiled by S&P Capital IQ predicted $0.25 per share. GAAP EPS of $0.03 for Q1 were 81% lower than the prior-year quarter's $0.16 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 36.9%, much worse than the prior-year quarter. Operating margin was 3.9%, much worse than the prior-year quarter. Net margin was 1.7%, 750 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $61.1 million. On the bottom line, the average EPS estimate is $0.29.

Next year's average estimate for revenue is $278.0 million. The average EPS estimate is $1.21.

Investor sentiment
 The stock has a one-star rating (out of five) at Motley Fool CAPS, with 278 members out of 365 rating the stock outperform, and 87 members rating it underperform. Among 71 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 32 give ZAGG a green thumbs-up, and 39 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ZAGG is outperform, with an average price target of $12.89.

Is ZAGG 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.