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Earnings
Sapiens sees FY20 revenue $377M-$383M, consensus $364.81M » 07:13
02/24/20
02/24
07:13
02/24/20
07:13
SPNS

Sapiens

$25.60 /

+0.07 (+0.27%)

"The Sapiens global…

"The Sapiens global team delivered one of our most successful years to date with 34 new logos for 2019." said CEO Al-Dor. Al-Dor concluded: "We are building a unified global platform of innovative digital insurance solutions and advancing our competitive position as a one-stop-shop for insurance software with enhanced products and services. The pipeline for 2020 is very robust and we see further opportunities to increase operating efficiencies and improve margins. We are introducing 2020 guidance for revenue in a range of $377 million to $383 million, and operating margin in a range of 16.0% to 16.5%."

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Earnings
Sapiens reports Q4 adjusted EPS 21c, consensus 20c » 07:12
02/24/20
02/24
07:12
02/24/20
07:12
SPNS

Sapiens

$25.60 /

+0.07 (+0.27%)

Reports Q4 revenue…

Reports Q4 revenue $86.7M, consensus $85.16M.

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Hot Stocks
Sapiens acquires sum.cumo for up to EUR 28.4M » 05:37
01/07/20
01/07
05:37
01/07/20
05:37
SPNS

Sapiens

$23.25 /

-0.05 (-0.21%)

Sapiens announced that it…

Sapiens announced that it has acquired sum.cumo, the German-based technology provider that offers disruptive, digital, innovative and consumer-centric solutions mainly to the insurance sector, for up to EUR 28.4M. The acquisition will enable Sapiens to expand its footprint by offering Sapiens' complete product and services portfolio in the DACH region, alongside sum.cumo's offerings. Sapiens will continue to invest in and support sum.cumo's offerings, and enhance Sapiens' digital offerings worldwide via sum.cumo's solutions and expertise. The acquisition's primary goal is expanding Sapiens' presence in the DACH region. sum.cumo is expected to reach 2019 non-GAAP revenues of EUR 15M and low single-digit profitability. The total consideration is up to EUR 28.4M, including consideration for future retention and performance over the next four years. The acquisition will be accretive to profit starting from the second half of 2020. Consummation of the transaction is subject to certain regulatory approvals. The closing is expected for mid-Q1, 2020.

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Over a quarter ago
Conference/Events
Sapiens management to meet with Needham » 04:55
11/20/19
11/20
04:55
11/20/19
04:55
SPNS

Sapiens

$21.95 /

-0.7 (-3.09%)

Meetings to be held in…

Meetings to be held in Chicago/Milwaukee on November 19 and in the Midwest area on November 20 hosted by Needham.

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Conference/Events
Sapiens management to meet with Needham » 04:55
11/19/19
11/19
04:55
11/19/19
04:55
SPNS

Sapiens

$22.65 /

+0.06 (+0.27%)

Meetings to be held in…

Meetings to be held in Chicago/Milwaukee on November 19 and in the Midwest area on November 20 hosted by Needham.

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Conference/Events
Sapiens management to meet with Needham » 09:54
11/18/19
11/18
09:54
11/18/19
09:54
SPNS

Sapiens

$22.59 /

+ (+0.00%)

Meetings to be held in…

Meetings to be held in Chicago/Milwaukee on November 19 and in the Midwest area on November 20 hosted by Needham.

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Earnings
Sapiens raises FY19 revenue view to $323M-$325M from $318M-$323M  05:46
11/04/19
11/04
05:46
11/04/19
05:46
SPNS

Sapiens

$21.57 /

+0.52 (+2.47%)

Consensus $322.07M.

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Earnings
Sapiens reports Q3 EPS 21c, consensus 18c » 05:45
11/04/19
11/04
05:45
11/04/19
05:45
SPNS

Sapiens

$21.57 /

+0.52 (+2.47%)

Reports Q3 revenue…

Reports Q3 revenue $82.6M, consensus $81.69M. "The third quarter demonstrated continued execution of Sapiens' 2019 priorities: top-line growth and margin expansion. Non-GAAP revenue increased 12.8%, primarily due to continued expansion in our property & casualty (P&C) divisions, and initial growth in our life & annuity (L&A) division," said Roni Al-Dor, president and CEO, Sapiens. "A global focus on Sapiens' key objectives to leverage our offshore capabilities, along with improved economies of scale, drove a non-GAAP operating margin improvement of 240 basis points. The increase in operating income has fueled continued expansion of Sapiens' product, sales and delivery teams, all of which are key to building next year's pipeline and supporting our capacity to deliver current projects. Sapiens is confident we have built a platform that can support long term top-line growth, with the infrastructure to cost-effectively support our long-term profitability." Continued Al-Dor: "I'm encouraged by our pipeline of business and anticipated growth for the remainder of 2019. Following the acquisition of Calculo, we are increasing our full-year, non-GAAP revenue to a range of $323 - $325 million, from a previous guidance of revenues on the higher end of $318-$323 million. The increase in revenue and the leverage from improved economies of scale allow Sapiens to increase the guidance for full-year, non-GAAP operating margin in the range of 15.8%-16.0%, compared to our previous guidance of 15.6%-15.8%."

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Conference/Events
Needham to hold a conference » 08:34
08/15/19
08/15
08:34
08/15/19
08:34
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WNS Holdings

$62.01 /

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FinTech 1:1 Conference…

FinTech 1:1 Conference will be held in New York on August 15.

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Conference/Events
Sapiens management to meet with William Blair » 04:55
08/13/19
08/13
04:55
08/13/19
04:55
SPNS

Sapiens

$17.96 /

+0.08 (+0.45%)

Meeting to be held in…

Meeting to be held in Kansas City, MO on August 13 hosted by William Blair.

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