Sapiens Reports 12% Year-Over-Year Increase in Quarterly Revenue to $41 Million

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Sapiens (SPNS) Price Target Raised to $11 at Needham & Company

May 6, 2015 3:42 PM EDT

Needham & Company analyst Mayank Tandon reiterated a Buy rating and bumped his price target on Sapiens International Corp. NV (NASDAQ: SPNS to $11.00 (from $10.00)

Tandon commented, "Sapiens started FY15 on a positive note despite facing currency-related headwinds. Revenue came in a shade light, primarily because of a negative currency... More

Sapiens Int'l (SPNS) Tops Q1 EPS by 1c

May 6, 2015 6:11 AM EDT

Sapiens Int'l (NASDAQ: SPNS) reported Q1 EPS of $0.10, $0.01 better than the analyst estimate of $0.09. Revenue for the quarter came in at $41 million versus the consensus estimate of $41.48 million.

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

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