Support.com (NAS: SPRT) reported earnings on May 1. Here are the numbers you need to know.

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

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


Margins expanded across the board.

Revenue details
Support.com notched revenue of $20.2 million. The four analysts polled by S&P Capital IQ looked for revenue of $19.9 million on the same basis. GAAP reported sales were 15% higher than the prior-year quarter's $17.6 million.

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 $0.06. The four earnings estimates compiled by S&P Capital IQ predicted $0.05 per share. Non-GAAP EPS were $0.06 for Q1 versus -$0.07 per share for the prior-year quarter. GAAP EPS were $0.04 for Q1 against -$0.09 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 52.4%, much better than the prior-year quarter. Operating margin was 9.7%, much better than the prior-year quarter. Net margin was 9.3%, much better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $19.8 million. On the bottom line, the average EPS estimate is $0.05.

Next year's average estimate for revenue is $85.3 million. The average EPS estimate is $0.20.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 55 members out of 66 rating the stock outperform, and 11 members rating it underperform. Among 16 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 13 give Support.com 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 Support.com is buy, with an average price target of $5.81.

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The article Support.com Beats on Both Top and Bottom Lines originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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