Sapiens International Corporation N.V. (SPNS) released a profit for its fourth quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $17.87 million, or $0.32 per share. This compares with $16.97 million, or $0.30 per share, last year.
Excluding items, Sapiens International Corporation N.V. reported adjusted earnings of $20.71 million or $0.37 per share for the period.
Analysts on average had expected the company to earn $0.36 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 2.6% to $134.31 million from $130.86 million last year.
Sapiens International Corporation N.V. earnings at a glance (GAAP) :
-Earnings: $17.87 Mln. vs. $16.97 Mln. last year.
-EPS: $0.32 vs. $0.30 last year.
-Revenue: $134.31 Mln vs. $130.86 Mln last year.
FY25 Revenue Guidance: $553 Mln - $558 Mln
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