Recap: Sapiens Intl Corp Q4 Earnings
Portfolio Pulse from Benzinga Insights
Sapiens Intl Corp (NASDAQ:SPNS) reported Q4 earnings, beating estimates with an EPS of $0.36 against the expected $0.34 and showing a revenue increase of $11.40 million from the previous year. Despite a miss in the last quarter's EPS, which led to a 2.47% share price drop, the company has shown consistent growth in revenue over the past year.
February 20, 2024 | 11:35 am
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Sapiens Intl Corp reported a positive Q4 earnings surprise with an EPS of $0.36, surpassing the estimate of $0.34, and a significant year-over-year revenue increase.
The positive earnings report, especially after a previous quarter miss that led to a share price drop, indicates a strong recovery and potential for share price appreciation. The consistent revenue growth over the past quarters further supports a positive short-term outlook for SPNS.
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