Sapiens Intl Corp Q2 EPS Adj $0.37 Beats $0.36 Estimate, Sales $136.80M Miss $137.65M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sapiens International Corporation (SPNS) reported its Q2 earnings with an adjusted EPS of $0.37, beating the estimate of $0.36. However, its sales of $136.80 million missed the estimate of $137.65 million.
August 01, 2024 | 10:07 am
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Sapiens International Corporation (SPNS) reported mixed Q2 results with an EPS beat but a slight miss on sales. The adjusted EPS of $0.37 surpassed the estimate of $0.36, while sales of $136.80 million fell short of the $137.65 million estimate.
The mixed results, with an EPS beat but a sales miss, are likely to have a neutral short-term impact on SPNS's stock price. Investors may weigh the positive EPS against the negative sales performance.
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