Sapiens Reports Fourth Quarter and Full Year 2019 Financial Results

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Sapiens (SPNS) Tops Q4 EPS by 1c, Revenues Beat

February 24, 2020 7:12 AM EST

Sapiens (NASDAQ: SPNS) reported Q4 EPS of $0.21, $0.01 better than the analyst estimate of $0.20. Revenue for the quarter came in at $86.7 million versus the consensus estimate of $85.16 million.

"Sapiens finished 2019 on a very strong note with fourth quarter non-GAAP revenue reaching a record high of $86.7 million and non-GAAP operating margin improving by 170 basis points to 16.5%. For the full year, we advanced our business... More