Sapiens Reports Third Quarter 2019 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/26/2026
Go back to Sapiens Reports Third Quarter 2019 Financial Results
November 4, 2019 12:23 PM EST
Needham & 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
November 4, 2019 5:52 AM EST
Sapiens (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
