Sapiens: Q2 Earnings Snapshot

August 3, 2022 GMT

HOLON, Israel (AP) _ Sapiens International Corp. (SPNS) on Wednesday reported profit of $11.9 million in its second quarter.

The Holon, Israel-based company said it had net income of 21 cents per share. Earnings, adjusted for one-time gains and costs, came to 27 cents per share.

The provider of software and services to the insurance industry posted revenue of $118.6 million in the period.

Sapiens expects full-year revenue in the range of $480 million to $485 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPNS at https://www.zacks.com/ap/SPNS