Recap: Sapiens Intl Q1 Earnings

Shares of Sapiens Intl Corp SPNS decreased 0.70% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were up 17.65% over the past year to $0.20, which beat the estimate of $0.19.

Revenue of $90,534,000 up by 17.90% year over year, which beat the estimate of $87,980,000.

Guidance

Sapiens Intl Corp hasn't issued any earnings guidance for the time being.

Sapiens Intl Corp hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: May 14, 2020

Time: 09:13 PM ET

Webcast URL: https://www.sapiens.com/investor-relations/ir-events-presentations/

Recent Stock Performance

52-week high: $29.24

Company's 52-week low was at $13.55

Price action over last quarter: Up 0.66%

Company Profile

Sapiens International Corp NV is a provider of software solutions for the insurance industry, with an emerging focus on the financial services sector. The company offers software solutions for Life, Pension, Annuity, Property, and Casualty insurance providers, allowing them to manage policy administration, claims management and billing functions. In addition, it offers the technology-based solution for the financial services industry like insurance, banking, and capital markets. The group is also provides services for project delivery and implementation services, for its Software Solutions portfolio. Geographically, it operates in the region of North America, United Kingdom, Israel, Asia Pacific and Rest of Europe and derives the majority of its income from North American region.