Sapiens Reports Second Quarter 2019 Financial Results
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Sapiens International Corp. NV (SPNS) PT Raised to $19 at Needham & Company
August 5, 2019 12:16 PM EDTNeedham & 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
Sapiens (SPNS) Tops Q2 EPS by 2c, Revenues Beat
August 5, 2019 5:50 AM EDTSapiens (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
