Perficient (PRFT) PT Lowered to $145 at Needham & Company

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Go back to Perficient (PRFT) PT Lowered to $145 at Needham & Company

Perficient Reports Fourth Quarter and Full Year 2021 Results

February 24, 2022 8:00 AM EST

~ Q4 Revenues Up 32%; Appoints Technology Services Veteran and IoT Executive Romil Bahl to Board of Directors ~

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 and year ended December 31, 2021.

Financial Highlights

For the quarter ended December 31, 2021:

Revenues increased 32% to $214.7 million from $162.6 million in the fourth quarter of 2020; Net income decreased 46% to $4.5... More