Sapiens Reports Q3 Earnings

Investing.com – Sapiens (NASDAQ: SPNS) reported third quarter EPS of $0.33, which is $0.05 lower than the analyst estimate of $0.38. Revenue for the quarter totaled $137M, falling short of the consensus estimate of $140.38M.

Guidance

Sapiens projects FY 2024 revenue between $541.00M and $546.00M, compared to the analyst consensus of $552.70M.

Sapiens's stock price closed at $39.45. It has risen 13.53% in the past 3 months and 59.85% over the last 12 months.

In the last 90 days, Sapiens recorded 2 positive EPS revisions and 1 negative EPS revision. See Sapiens's stock price’s past reactions to earnings.

According to InvestingPro, Sapiens's Financial Health score is rated as "great performance".

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