Perficient Reports First Quarter 2020 Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/18/2026

1. VRNS
2. JBHT
3. CRWV
4. TSLA
5. SCHW
6. GPRK
7. TFC
8. TRV
9. USB
10. SPY

Go back to Perficient Reports First Quarter 2020 Results

Perficient, Inc. (PRFT) Tops Q1 EPS by 1c, Revenues Beat; Withdraws FY20 Guidance

May 7, 2020 8:07 AM EDT

Perficient, Inc. (NASDAQ: PRFT) reported Q1 EPS of $0.51, $0.01 better than the analyst estimate of $0.50. Revenue for the quarter came in at $145.56 million versus the consensus estimate of $144.53 million.

Financial Highlights

For the quarter ended March 31, 2020:

Services revenues increased 9% to $145.4 million from $132.9 million in the first quarter of 2019;Total revenues increased 9% to $145.6 million from $133.8 million in the first quarter of 2019;Net income increased 28% to $9.0 million from $7.0 million in the first quarter of 2019;GAAP earnings per share results on a fully diluted basis increased 23% to $0.27 from $0.22 in the first quarter... More