Sapiens Reports Second Quarter 2020 Financial Results
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Sapiens International Corp. NV (SPNS) PT Raised to $35 at Cowen
August 4, 2020 1:51 PM EDTCowen analyst Bryan Bergin raised the price target on Sapiens International Corp. NV (NASDAQ: SPNS) to $35.00 (from $33.00) while maintaining a Outperform rating.
The analyst commented, "SPNS posted a solid 2Q beating on revenue (by 2%) & margin (+200 bps), with success in existing client cross-sell & cost... More
Sapiens International Corp. NV (SPNS) PT Raised to $38 at Needham & Company
August 4, 2020 11:52 AM EDTNeedham & Company analyst Mayank Tandon raised the price target on Sapiens International Corp. NV (NASDAQ: SPNS) to $38.00 (from $28.00) while maintaining a Buy rating following strong results.
The analyst commented, "SPNS posted strong 2Q results, beating expectations on both the top and bottom line... More
Sapiens (SPNS) Misses Q2 EPS by 3c, Revenues Beat
August 4, 2020 5:51 AM EDTSapiens (NASDAQ: SPNS) reported Q2 EPS of $0.18, $0.03 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $93.1 million versus the consensus estimate of $91.42 million.
"Our second quarter growth was driven by North America and Europe and reached a growth rate of 17.0%.... More
