Needham & Company Raises Price Target on Sapiens (SPNS) Following 2Q Results

Go back to Needham & Company Raises Price Target on Sapiens (SPNS) Following 2Q Results

Sapiens International (SPNS) PT Bumped to $13 at Roth Capital Amid Strong Results

August 5, 2015 12:51 PM EDT

Roth 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 EDT

Sapiens (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.

... More