Sapiens International Third Quarter 2024 Earnings: Misses Expectations

Simply Wall St.11-13

Sapiens International (NASDAQ:SPNS) Third Quarter 2024 Results Key Financial Results Revenue: US$137.0m (up 4.8% from 3Q 2023). Net income: US$18.3m (up 16% from 3Q 2023). Profit margin: 13% (up from...

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The increase in margin was driven by higher revenue.NasdaqGS:SPNS Earnings and Revenue History November 13th 2024. All figures shown in the chart above are for the trailing 12 month  period. Revenue missed analyst estimates by 2.3%. Earnings per share  also missed analyst estimates by 6.6%.Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.The company's shares are down 24% from a week ago.Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Sapiens International's balance sheet and an in-depth analysis of the company's financial position.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"SPNS":"Sapiens International Corp"},"translate_title":"Sapiens International 2024年第三季度收益：未达预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SPNS":0.9},"content_text":"Sapiens International (NASDAQ:SPNS) Third Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$137.0m (up 4.8% from 3Q 2023).\nNet income: US$18.3m (up 16% from 3Q 2023).\nProfit margin: 13% (up from 12% in 3Q 2023). The increase in margin was driven by higher revenue.\nEPS: US$0.33 (up from US$0.29 in 3Q 2023).\n\n\n\n\n  NasdaqGS:SPNS Earnings and Revenue History November 13th 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nSapiens International Revenues and Earnings Miss Expectations\n Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 6.6%. \n Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US. \nPerformance of the American Software industry.\n The company's shares are down 24% from a week ago. \nBalance Sheet Analysis\n Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Sapiens International's balance sheet and an in-depth analysis of the company's financial position. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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