Sapiens Reports Double-Digit Revenue Growth and Improved Profitability
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Needham & Company Raises Price Target on Sapiens (SPNS) Following 2Q Results
August 6, 2015 10:26 AM EDTNeedham & Company reiterated a Buy rating on Sapiens International Corp. NV (NASDAQ: SPNS), and raised the price target to $14.00 (from $11.00), following 2Q results. SPNS reported 2Q revenue of $43.4MM, up 12.4% Y/Y, above consensus at $43.2MM. SPNS posted EPS of $0.11, $0.02 above consensus.
Analyst Mayank Tandon... More
Sapiens International (SPNS) PT Bumped to $13 at Roth Capital Amid Strong Results
August 5, 2015 12:51 PM EDTRoth Capital analyst Richard Baldry reiterated a Buy rating and raised his price target on Sapiens International Corp. NV (NASDAQ: SPNS) to $13.00 (from $12.00) following strong EPS upside and accretive acquisition.
Baldry commented, "Sapiens' 2Q15 results were solid, with record revenues moderately above our... More
Sapiens (SPNS) Tops Q2 EPS by 2c; Boosts FY15 Revenue Outlook
August 5, 2015 6:21 AM EDTSapiens (NASDAQ: SPNS) reported Q2 EPS of $0.11, $0.02 better than the analyst estimate of $0.09. Revenue for the quarter came in at $43.4 million versus the consensus estimate of $43.2 million.
Sapiens sees FY2015 revenue of $176 - $180 million, versus the consensus of $176.2 million.
For earnings history and earnings-related data on Sapiens (SPNS) click here.
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