Sapiens (SPNS) Declares $0.14 Cash Dividend; 0.6% Yield

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/27/2026

1. ORCL
2. META
3. ANT
4. SPY
5. CART
6. MSFT
7. XNCR
8. AZN
9. GMAB
10. FFAI

Go back to Sapiens (SPNS) Declares $0.14 Cash Dividend; 0.6% Yield

Sapiens (SPNS) Tops Q1 EPS by 1c, Revenues Beat

May 14, 2020 6:38 AM EDT

Sapiens (NASDAQ: SPNS) reported Q1 EPS of $0.20, $0.01 better than the analyst estimate of $0.19. Revenue for the quarter came in at $90.5 million versus the consensus estimate of $87.98 million.

"Sapiens' first-quarter performance reflects our continued focus on supporting our existing customers and closing new business," said Roni Al-Dor, president and CEO, Sapiens. "On a non-GAAP basis, we reported 17.9% revenue growth and increased operating margins by 80 basis points to 16.1%, with both P&C and L&A contributing to growth in the quarter."

"In March, we responded to the COVID-19 global outbreak per country, controlling expenses where... More