Sapiens Reports Third Quarter 2018 Financial Results

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Go back to Sapiens Reports Third Quarter 2018 Financial Results

Sapiens (SPNS) Tops Q3 EPS by 1c, Revenues Beat; Affirms FY18 Revenue Outlook

November 7, 2018 8:02 AM EST

Sapiens (NASDAQ: SPNS) reported Q3 EPS of $0.15, $0.01 better than the analyst estimate of $0.14. Revenue for the quarter came in at $73.2 million versus the consensus estimate of $72.01 million.

"In the third quarter, we expanded our P&C business in the US and EMEA markets by leveraging our solutions and customers relationships, while continuing to improve our operational performance. As a result, we delivered solid performance in the quarter, with a 160 basis point... More