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Sapiens International Corporation NV (SPNS.OQ)

SPNS.OQ on NASDAQ Stock Exchange Capital Market

12.54USD
26 May 2017
Change (% chg)

$0.00 (+0.00%)
Prev Close
$12.54
Open
$12.50
Day's High
$12.60
Day's Low
$12.30
Volume
33,694
Avg. Vol
26,125
52-wk High
$15.89
52-wk Low
$11.36

Latest Key Developments (Source: Significant Developments)

Sapiens International Corporation NV q1 non-gaap earnings per share $0.02
Monday, 15 May 2017 06:18am EDT 

May 15 (Reuters) - Sapiens International Corporation Nv :Q1 non-gaap earnings per share $0.02 .Sapiens reports q1 2017 financial results.Q1 gaap loss per share $0.05.Sees FY 2017 revenue $265 million to $275 million.Q1 revenue $56.5 million versus i/b/e/s view $57.9 million.Q1 earnings per share view $0.08 -- Thomson Reuters I/B/E/S.Maintains recently revised guidance for 2017 full year revenues of $265 to $275 million.Maintains expectations for between 3-4% operating profit margin for first half of 2017.Sapiens International Corporation NV - maintains expectations for a full-year operating profit margin between 9-10%.Sapiens International - currently implementing restructuring program that includes integrating sapiens' and stoneriver's back-office operations.Maintains expectations for operating profit margin increasing to 13.5-14.5% in second half of 2017.Sapiens international corporation - restructuring plan also includes realigning, shifting employees away from halted project and downsizing as necessary.  Full Article

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

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