Web.com Group (Nasdaq: WWWW) reported earnings on May 2. Here are the numbers you need to know.

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

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

Gross margins expanded, operating margins increased, net margins shrank.

Revenue details
 Web.com Group chalked up revenue of $128.1 million. The 11 analysts polled by S&P Capital IQ looked for sales of $127.7 million on the same basis. GAAP reported sales were 26% higher than the prior-year quarter's $91.5 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 $0.48. The 12 earnings estimates compiled by S&P Capital IQ predicted $0.45 per share. Non-GAAP EPS of $0.48 for Q1 were 37% higher than the prior-year quarter's $0.35 per share. GAAP EPS were -$0.97 for Q1 against -$0.65 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 63.1%, 530 basis points better than the prior-year quarter. Operating margin was -2.2%, much better than the prior-year quarter. Net margin was -40.2%, 770 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $130.7 million. On the bottom line, the average EPS estimate is $0.48.

Next year's average estimate for revenue is $530.6 million. The average EPS estimate is $2.02.

Investor sentiment
 The stock has a one-star rating (out of five) at Motley Fool CAPS, with 125 members out of 148 rating the stock outperform, and 23 members rating it underperform. Among 41 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 31 give Web.com Group a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Web.com Group is buy, with an average price target of $21.91.

Internet software and services are being consumed in radically different ways, on new and increasingly mobile devices. Is Web.com Group on the right side of the revolution? Check out the changing landscape and meet the company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.