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

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

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

Gross margins increased, operating margins dropped, net margins contracted.

Revenue details
RealPage booked revenue of $89.0 million. The nine analysts polled by S&P Capital IQ expected revenue of $88.9 million on the same basis. GAAP reported sales were 20% higher than the prior-year quarter's $74.4 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 $0.13. The 10 earnings estimates compiled by S&P Capital IQ averaged $0.13 per share. Non-GAAP EPS of $0.13 for Q1 were 30% higher than the prior-year quarter's $0.10 per share. GAAP EPS of $0.01 for Q1 were 50% lower than the prior-year quarter's $0.02 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 60.3%, 140 basis points better than the prior-year quarter. Operating margin was 2.4%, 210 basis points worse than the prior-year quarter. Net margin was 1.1%, 120 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $96.3 million. On the bottom line, the average EPS estimate is $0.14.

Next year's average estimate for revenue is $393.1 million. The average EPS estimate is $0.60.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 23 members out of 38 rating the stock outperform, and 15 members rating it underperform. Among 15 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), seven give RealPage a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on RealPage is outperform, with an average price target of $27.21.

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