Sapiens: Q2 Earnings Snapshot
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.