Perficient, Inc. (PRFT) Tops Q1 EPS by 8c, Revenues Beat; Raises FY21 EPS/Revenue Guidance, Offers 2Q EPS/Revenue Outlook

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Perficient Reports First Quarter 2021 Results

April 29, 2021 8:00 AM EDT

~ Offshore Revenue up 130%; Company Expands Share Repurchase Program; Raises Full Year Revenue and Earnings Guidance ~

ST. LOUIS--(BUSINESS WIRE)-- Perficient, Inc. (Nasdaq: PRFT) (Perficient), the leading global digital consultancy transforming the worlds largest enterprises and biggest brands, today reported its financial results for the quarter ended March 31, 2021.

Financial Highlights

For the quarter ended March 31, 2021:

Services revenues excluding reimbursable expenses increased 18% to $166.5 million from $141.0 million in the first quarter of 2020; Total revenues increased 16% to $169.3 million from $145.6 million in... More