Catamaran (Nasdaq: CTRX) reported earnings on Aug. 1. Here are the numbers you need to know.

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

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

Gross margins grew, operating margins were steady, net margins increased.

Revenue details
Catamaran reported revenue of $3.42 billion. The 21 analysts polled by S&P Capital IQ expected to see a top line of $3.47 billion on the same basis. GAAP reported sales were much higher than the prior-year quarter's $1.70 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
EPS came in at $0.49. The 22 earnings estimates compiled by S&P Capital IQ averaged $0.44 per share. Non-GAAP EPS of $0.49 for Q2 were 96% higher than the prior-year quarter's $0.25 per share. GAAP EPS of $0.31 for Q2 were 48% higher than the prior-year quarter's $0.21 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Margin details
For the quarter, gross margin was 7.7%, 50 basis points better than the prior-year quarter. Operating margin was 3.1%, much about the same as the prior-year quarter. Net margin was 1.9%, 30 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $3.69 billion. On the bottom line, the average EPS estimate is $0.47.

Next year's average estimate for revenue is $14.26 billion. The average EPS estimate is $1.84.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 380 members out of 399 rating the stock outperform, and 19 members rating it underperform. Among 136 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 131 give Catamaran 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 Catamaran is outperform, with an average price target of $65.52.

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