Concur Technologies (Nasdaq: CNQR) reported earnings on July 31. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q3), Concur Technologies 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 dropped significantly.

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

Revenue details
 Concur Technologies recorded revenue of $138.7 million. The 23 analysts polled by S&P Capital IQ expected a top line of $139.1 million on the same basis. GAAP reported sales were 23% higher than the prior-year quarter's $113.2 million.

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 $0.25. The 21 earnings estimates compiled by S&P Capital IQ averaged $0.24 per share. Non-GAAP EPS of $0.25 for Q3 were 39% higher than the prior-year quarter's $0.18 per share. GAAP EPS of $0.05 for Q3 were 58% lower than the prior-year quarter's $0.12 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 73.7%, 200 basis points better than the prior-year quarter. Operating margin was 5.5%, 530 basis points better than the prior-year quarter. Net margin was 2.0%, 410 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $151.0 million. On the bottom line, the average EPS estimate is $0.31.

Next year's average estimate for revenue is $540.2 million. The average EPS estimate is $0.91.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Concur Technologies is hold, with an average price target of $76.31.

Software and computerized services are being consumed in radically different ways, on new and increasingly mobile devices. Many old leaders will be left behind. Whether or not Concur Technologies makes the coming cut, you should check out the company that Motley Fool analysts expect to lead the pack in "The Next Trillion-dollar Revolution." Click here for instant access to this free report.