Sapient Corp. (SAPE) reported that its third-quarter net income decreased to $5.933 million or $0.04 per share from $18.067 million or $0.14 per share last year.
Non-GAAP net income decreased to $14.725 million or $0.11 per share from $23.447 million or $0.18 per share last year.
On average, 9 analysts polled by Thomson Reuters expected the company to report profit of $0.07 per share for the quarter. Analysts' estimates typically exclude special items.
Total gross revenues decreased to $172.460 million from $184.120 million last year. Analysts expected revenue of $162.03 million for the quarter.
For the fourth quarter, the company expects service revenues to be in the range of $172 million-$175 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.