Sapiens (SPNS) Tops Q1 EPS by 2c; offers guidance

Sapiens (NASDAQ: SPNS) reported Q1 EPS of $0.36, $0.02 better than the analyst estimate of $0.34. Revenue for the quarter came in at $130.9 million versus the consensus estimate of $130.59 million.

GUIDANCE:

Sapiens sees FY2024 revenue of $550-555 million, versus the consensus of $550 million.

non-GAAP operating margin in a range of 18.1% to 18.5%,

For earnings history and earnings-related data on Sapiens (SPNS) click here.

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