Sapiens Reports Second Quarter 2019 Financial Results
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Go back to Sapiens Reports Second Quarter 2019 Financial Results
August 5, 2019 12:16 PM EDT
Needham & Company analyst Mayank Tandon raised the price target on Sapiens International Corp. NV (NASDAQ: SPNS) to $19.00 (from $17.00) while maintaining a Buy rating.
The analyst commented, "SPNS continued its strong start to FY19, beating estimates on both the top and bottom... More
August 5, 2019 5:50 AM EDT
Sapiens (NASDAQ: SPNS) reported Q2 EPS of $0.19, $0.02 better than the analyst estimate of $0.17. Revenue for the quarter came in at $79.5 million versus the consensus estimate of $78.63 million.
"Sapiens priorities for 2019 are growth and margin expansion. In the second quarter we delivered on both of these goals. Top line non-GAAPrevenue increased 9.6% and non-GAAP operating margin improved... More
