TIBCO Software (Nasdaq: TIBX) reported earnings on June 20. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 2 (Q2), TIBCO Software met expectations on revenues and met expectations on earnings per share.

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

Margins contracted across the board.

Revenue details
TIBCO Software booked revenue of $245.8 million. The 19 analysts polled by S&P Capital IQ expected a top line of $246.9 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 19 earnings estimates compiled by S&P Capital IQ predicted $0.18 per share. Non-GAAP EPS of $0.18 for Q2 were 31% lower than the prior-year quarter's $0.26 per share. GAAP EPS of $0.05 for Q2 were 69% 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 69.9%, 230 basis points worse than the prior-year quarter. Operating margin was 8.7%, 660 basis points worse than the prior-year quarter. Net margin was 3.5%, 720 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $258.2 million. On the bottom line, the average EPS estimate is $0.22.

Next year's average estimate for revenue is $1.05 billion. The average EPS estimate is $0.97.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 525 members out of 551 rating the stock outperform, and 26 members rating it underperform. Among 138 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 133 give TIBCO Software 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 TIBCO Software is outperform, with an average price target of $24.00.

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