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Sapiens International Corporation NV (SPNS.OQ)

SPNS.OQ on NASDAQ Stock Exchange Capital Market

11.86USD
28 Apr 2017
Change (% chg)

$0.19 (+1.63%)
Prev Close
$11.67
Open
$11.48
Day's High
$11.97
Day's Low
$11.48
Volume
36,304
Avg. Vol
21,733
52-wk High
$15.89
52-wk Low
$10.86

Latest Key Developments (Source: Significant Developments)

Sapiens halts software development project, revises 2017 outlook
Thursday, 27 Apr 2017 06:13am EDT 

April 27 (Reuters) - Sapiens International Corporation Nv :Sapiens announces halt of a software development project, revises 2017 outlook.Sees fy 2017 revenue $265 million to $275 million.Now expects its operating profit margin for first half of 2017 to be between 3%-4%.Sapiens international corporation nv - has taken and will continue taking, in first and second quarters of 2017, non-operational restructuring steps.Also expects its full-year operating profit margin to be between 9% and 10%.Fy2017 revenue view $274.4 million -- Thomson Reuters I/B/E/S.Sapiens international-recently, co received letter from customer, in which customer alleged that co has materially breached its agreement with customer.Sapiens international corporation - project has been halted and currently does not expect to generate any further revenues from customer in 2017.Sapiens-After examining customer's allegations, sapiens informed customer that it has not materially breached any of its obligations under agreement.Sapiens international corporation nv - sapiens informed customer that customer itself has materially breached agreement.  Full Article

Sapiens reports Q4 revenue $57.1 million
Tuesday, 28 Feb 2017 06:02am EST 

Sapiens International Corporation Nv : Sapiens reports Q4 2016 financial results . Q4 non-GAAP earnings per share $0.12 . Q4 GAAP earnings per share $0.08 . Sees FY 2017 revenue $270 million to $280 million . Q4 revenue $57.1 million versus I/B/E/S view $55.8 million . Q4 earnings per share view $0.12 -- Thomson Reuters I/B/E/S . Says expect full-year 2017 non-GAAP operating margins of approximately 13% .FY2017 revenue view $246.3 million -- Thomson Reuters I/B/E/S.  Full Article

Medical Protection Society and Sapiens expand strategic relationship
Monday, 8 Aug 2016 06:31am EDT 

Sapiens International Corp : Medical Protection Society (MPS) and Sapiens expand strategic relationship with a multi-million dollar agreement .Scope includes Sapiens IDIT policy billing, can be expanded to include Sapiens portal and Sapiens intelligence modules.  Full Article

Sapiens Q2 GAAP earnings per share $0.11
Thursday, 4 Aug 2016 04:31am EDT 

Sapiens International Corporation Nv : Q2 revenue $53 million versus i/b/e/s view $50.8 million . Q2 gaap earnings per share $0.11 . Q2 earnings per share view $0.13 -- Thomson Reuters I/B/E/S . Sapiens reports q2 2016 financial results . Q2 non-gaap earnings per share $0.13 . Sees fy 2016 revenue $211 million to $215 million . Fy2016 revenue view $209.9 million -- Thomson Reuters I/B/E/S .Raises fy guidance to revenues of $211 to $215 million, or annual growth of 18%-20%, up from prior guidance of $207 to $211 million.  Full Article

Sapiens acquires maximum processing, a North American P&C solution provider
Tuesday, 7 Jun 2016 09:19am EDT 

Sapiens International Corporation Nv : Expects this transaction to be accretive to earnings in 2017 and beyond . Transaction is expected to close by end of June 2016 .Sapiens acquires maximum processing, a North American P&C solution provider.  Full Article

Sapiens reports 20.9% revenue growth in q1 2016
Tuesday, 10 May 2016 04:53am EDT 

Sapiens International Corporation Nv : Q1 non-gaap revenue of $49.6 million , up 20.9% compared to $41.0 million in q1 of 2015 . Confident in to deliver full-year 2016 revenue in line with our guidance of $207 million to $211 million . Sapiens reports 20.9% revenue growth in q1 2016 . Q1 non-gaap earnings per share $0.12 . Q1 revenue $49.6 million versus i/b/e/s view $48.4 million .Q1 earnings per share view $0.12 -- Thomson Reuters I/B/E/S.  Full Article

Sapiens International Corporation NV reiterates FY 2015 revenue guidance
Wednesday, 4 Nov 2015 05:11am EST 

Sapiens International Corporation NV:Reiterated FY 2015 revenue guidance.Expects FY 2015 revenues to be in a range of $176-$180 million.  Full Article

Sapiens International Corporation NV raises FY 2015 revenue guidance
Wednesday, 5 Aug 2015 09:00pm EDT 

Sapiens International Corporation NV:Says that it has increased FY 2015 guidance.Sees FY 2015 revenues to be in a range of $176-$180 million.  Full Article

Sapiens International Corporation NV announces acquisition of Insseco Sp. Z.O.O.
Tuesday, 28 Jul 2015 03:13am EDT 

Sapiens International Corporation NV:Says that it has entered into a definitive agreement for the acquisition of Insseco Sp. Z o.o.Says that the transaction is expected to close by early Aug. 2015.  Full Article

Top Tier UK Financial Institution selects Sapiens International Corporation NV's Sapiens DECISION
Monday, 29 Jun 2015 07:01am EDT 

Sapiens International Corporation NV:Says top tier UK financial institution has selected Sapiens DECISION.As part of its enterprise-wide business improvement initiative.  Full Article

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