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Sapiens International Q4 2022 Earnings Report

Sapiens International logo
$28.59 -0.53 (-1.82%)
(As of 12/17/2024 ET)

Sapiens International EPS Results

Actual EPS
$0.31
Consensus EPS
$0.32
Beat/Miss
Missed by -$0.01
One Year Ago EPS
$0.30

Sapiens International Revenue Results

Actual Revenue
$119.46 million
Expected Revenue
$120.86 million
Beat/Miss
Missed by -$1.40 million
YoY Revenue Growth
+0.20%

Sapiens International Announcement Details

Quarter
Q4 2022
Time
Before Market Opens
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Sapiens International Earnings Headlines

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Sapiens price target lowered to $30 from $38 at Barclays
Sapiens (SPNS) Gets a Sell from Barclays
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About Sapiens International

Sapiens International (NASDAQ:SPNS) N.V. provides software solutions for the insurance industry in North America, the United Kingdom, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company provides various solutions for property and casualty commercial and personal lines, life and pensions, and reinsurance fields. It offers IDITSuite, an AI powered, end-to-end insurance software; DigitalSuite, a cloud-native, future-proof digital engagement platform; IDITGo, a pre-configured, data-enriched insurance launch and accelerator platform solutions; consultancy services for property and casualty commercial lines; and Tia Enterprise solution for customer engagement. The company also provides CoreSuite, an end-to-end cloud and digital PAS for individual and group products across life, health, wealth, and pensions; CustomerConnect, a dynamic self-service and persona-based portal to engage with insureds; AgentConnect, a portal for agents and brokers to focus on sales enablement, customer retention, and increasing customer value; and ReinsuranceMaster, a reinsurance automation software that provides insurers full financial control and flexibility over their entire reinsurance process. The company was founded in 1982 and is headquartered in Holon, Israel.

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