Needham & Company Raises Price Target on Perficient, Inc. (PRFT) Following a Solid 1Q

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Go back to Needham & Company Raises Price Target on Perficient, Inc. (PRFT) Following a Solid 1Q

Perficient Reports First Quarter 2016 Results

May 5, 2016 8:04 AM EDT

~ Revenue Up 12%, Net Income Up 33%; Expands Share Repurchase Program ~

ST. LOUIS--(BUSINESS WIRE)-- Perficient, Inc. (NASDAQ: PRFT) (Perficient), the leading digital transformation consulting firm serving Global 2000® and other large enterprise customers throughout North America, today reported its financial results for the quarter ended March 31, 2016.

Financial Highlights

For the quarter ended March 31, 2016:

Revenue increased 12% to $123.8 million from $110.6 million for the first quarter 2015;... More