Perficient Reports Second Quarter 2018 Results

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Perficient, Inc. (PRFT) Tops Q2 EPS by 1c, Revenues Miss; Offers FY18 EPS/Revenue Outlook

August 2, 2018 8:12 AM EDT

Perficient, Inc. (NASDAQ: PRFT) reported Q2 EPS of $0.38, $0.01 better than the analyst estimate of $0.37. Revenue for the quarter came in at $121.8 million versus the consensus estimate of $125.22 million.

Financial Highlights

For the quarter ended June 30, 2018:

Services revenue increased 12% to $120.9 million from $107.8 million in the second quarter of 2017;Total revenue increased 4% to $121.8 million from $117.0 million in the second quarter of 2017;Net income increased 143% to $5.8 million from $2.4 million in the second quarter of 2017;GAAP earnings per share results on a fully... More