Sapiens International Reiterated FY24 Adj Revenue Of $550M-$555M Vs $553.52M Est
Portfolio Pulse from Benzinga Newsdesk
Sapiens International has reiterated its FY24 adjusted revenue guidance of $550M-$555M, aligning closely with the $553.52M estimate. The company also reaffirmed its non-GAAP operating margin guidance of 18.1%-18.5%.
August 01, 2024 | 10:09 am
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Sapiens International has reiterated its FY24 adjusted revenue guidance of $550M-$555M, which is in line with the market estimate of $553.52M. The company also reaffirmed its non-GAAP operating margin guidance of 18.1%-18.5%.
The reiteration of revenue and operating margin guidance aligns closely with market expectations, suggesting stability but not necessarily a catalyst for significant short-term price movement.
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IMPORTANCE 70
RELEVANCE 100