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Sapiens earnings missed by $0.05, revenue fell short of estimates

Investing.com – Sapiens (NASDAQ: SPNS) reported third quarter EPS of $0.33, $0.05 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $137M versus the consensus estimate of $140.38M.

Guidance

Sapiens sees FY 2024 revenue of $541.00M-$546.00M versus the analyst consensus of $552.70M.

Sapiens’s stock price closed at $39.45. It is up 13.53% in the last 3 months and up 59.85% in the last 12 months.

Sapiens saw 2 positive EPS revisions and 1 negative EPS revisions in the last 90 days. See Sapiens’s stock price’s past reactions to earnings here.

According to InvestingPro, Sapiens’s Financial Health score is “great performance”.

Check out Sapiens’s recent earnings performance, and Sapiens’s financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

This post appeared first on investing.com

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