Perficient (NASDAQ:PRFT) reported its Q1 earnings results on Thursday, April 28, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Perficient beat estimated earnings by 3.16%, reporting an EPS of $0.98 versus an estimate of $0.95.

Revenue was up $52.77 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 2.31% increase in the share price the next day.

Here's a look at Perficient's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Perficient management provided guidance for Q2 2022, expecting earnings between $1.04 and $1.07 per share.

To track all earnings releases for Perficient visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.