Sapiens Reports Second Quarter 2020 Financial Results

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Go back to Sapiens Reports Second Quarter 2020 Financial Results

Sapiens International Corp. NV (SPNS) PT Raised to $35 at Cowen

August 4, 2020 1:51 PM EDT

Cowen analyst Bryan Bergin raised the price target on Sapiens International Corp. NV (NASDAQ: SPNS) to $35.00 (from $33.00) while maintaining a Outperform rating.

The analyst commented, "SPNS posted a solid 2Q beating on revenue (by 2%) & margin (+200 bps), with success in existing client cross-sell & cost... More

Sapiens International Corp. NV (SPNS) PT Raised to $38 at Needham & Company

August 4, 2020 11:52 AM EDT

Needham & Company analyst Mayank Tandon raised the price target on Sapiens International Corp. NV (NASDAQ: SPNS) to $38.00 (from $28.00) while maintaining a Buy rating following strong results.

The analyst commented, "SPNS posted strong 2Q results, beating expectations on both the top and bottom line... More

Sapiens (SPNS) Misses Q2 EPS by 3c, Revenues Beat

August 4, 2020 5:51 AM EDT

Sapiens (NASDAQ: SPNS) reported Q2 EPS of $0.18, $0.03 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $93.1 million versus the consensus estimate of $91.42 million.

"Our second quarter growth was driven by North America and Europe and reached a growth rate of 17.0%.... More