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Perficient (PRFT) Raises Share Buyback Plan By $10M

June 4, 2009 9:04 AM EDT
PRFT Hot Sheet
Overall Analyst Rating:
    BUY (= Flat)

Revenue Growth %: +32.9%
Perficient, Inc. (NASDAQ: PRFT) announced that its Board of Directors has authorized a program to repurchase an additional $10 million of the Company's common stock.

This authorization is in addition to the $20 million authorization approved by the Board of Directors in 2008. To date, Perficient has repurchased 2.9 million shares at a cost of $14.7 million.

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