Sapiens Reports Third Quarter 2019 Financial Results
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Sapiens International Corp. NV (SPNS) PT Raised to $26 at Needham & Company
November 4, 2019 12:23 PM ESTNeedham & Company analyst Mayank Tandon raised the price target on Sapiens International Corp. NV (NASDAQ: SPNS) to $26.00 (from $19.00) while maintaining a Buy rating.
Tandon commented, "SPNS posted strong 3Q19 results, beating estimates on both the top and bottom line. Growth in North... More
Sapiens (SPNS) Tops Q3 EPS by 3c, Revenues Beat; Raises FY19 Revenue Outlook Above Consensus
November 4, 2019 5:52 AM ESTSapiens (NASDAQ: SPNS) reported Q3 EPS of $0.21, $0.03 better than the analyst estimate of $0.18. Revenue for the quarter came in at $82.6 million versus the consensus estimate of $81.69 million.
"The third quarter demonstrated continued execution of Sapiens' 2019 priorities: top-line growth and margin expansion. Non-GAAP revenue increased 12.8%, primarily due to continued expansion in our property & casualty (P&C) divisions, and... More
