Convergys (NYSE: CVG) reported earnings on July 30. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Convergys met expectations on revenues and beat expectations on earnings per share.

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

Gross margins dropped, operating margins dropped, net margins grew.

Revenue details
Convergys logged revenue of $504.3 million. The seven analysts polled by S&P Capital IQ wanted to see revenue of $501.1 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 $0.25. The eight earnings estimates compiled by S&P Capital IQ forecast $0.24 per share. Non-GAAP EPS of $0.25 for Q2 were 32% higher than the prior-year quarter's $0.19 per share. (The prior-year quarter included $0.59 per share in earnings from discontinued operations.) GAAP EPS of $0.21 for Q2 were 75% higher than the prior-year quarter's $0.12 per share. (The prior-year quarter included $0.59 per share in earnings from discontinued operations.)

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 35.1%, 50 basis points worse than the prior-year quarter. Operating margin was 6.4%, 90 basis points worse than the prior-year quarter. Net margin was 4.6%, 160 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $524.7 million. On the bottom line, the average EPS estimate is $0.27.

Next year's average estimate for revenue is $2.06 billion. The average EPS estimate is $1.07.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 97 members out of 117 rating the stock outperform, and 20 members rating it underperform. Among 27 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 24 give Convergys a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Convergys is hold, with an average price target of $17.92.

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