BroadSoft (Nasdaq: BSFT) reported earnings on May 6. Here are the numbers you need to know.

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

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

Margins dropped across the board.

Revenue details
 BroadSoft tallied revenue of $39.6 million. The 13 analysts polled by S&P Capital IQ foresaw revenue of $38.5 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

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 $0.18. The 11 earnings estimates compiled by S&P Capital IQ averaged $0.11 per share. Non-GAAP EPS of $0.18 for Q1 were 38% lower than the prior-year quarter's $0.29 per share. GAAP EPS were -$0.08 for Q1 compared to $0.06 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 75.4%, 500 basis points worse than the prior-year quarter. Operating margin was -9.5%, much worse than the prior-year quarter. Net margin was -5.8%, much worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $43.5 million. On the bottom line, the average EPS estimate is $0.22.

Next year's average estimate for revenue is $184.1 million. The average EPS estimate is $1.24.

Investor sentiment
 The stock has a one-star rating (out of five) at Motley Fool CAPS, with 38 members out of 125 rating the stock outperform, and 87 members rating it underperform. Among 38 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), seven give BroadSoft a green thumbs-up, and 31 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on BroadSoft is outperform, with an average price target of $32.38.

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