Perficient Reports Second Quarter 2019 Results
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Perficient, Inc. (PRFT) Tops Q2 EPS by 4c, Revenues Beat; Raises FY19 EPS Guidance Above Consensus, Affirms Q3 EPS/Revenue Outlook Above Consensus
August 1, 2019 8:06 AM EDTPerficient, Inc. (NASDAQ: PRFT) reported Q2 EPS of $0.52, $0.04 better than the analyst estimate of $0.48. Revenue for the quarter came in at $141.9 million versus the consensus estimate of $137.05 million.
Services revenue increased 17% to $141.2 million from $120.9 million in the second quarter of 2018;Total revenue increased 16% to $141.9 million from $121.8 million in the second quarter of 2018;Net income increased 46% to $8.5 million from $5.8 million in the second quarter of 2018;GAAP earnings per share results on a fully diluted basis increased 59% to $0.27 from $0.17 in the second quarter of 2018;Adjusted... More