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An announcement from Sapiens ( (SPNS) ) is now available.
On February 18, 2025, Sapiens International Corporation announced its financial results for the fourth quarter and full year of 2024. The company reported a 2.6% year-over-year increase in fourth-quarter revenue, reaching $134 million, and a 5.4% increase in full-year revenue to $542.4 million. This growth was driven by successful execution across key regions and the expanding business in North America, which saw a 6.3% revenue increase. The company continues to invest in a modular, open insurance platform that integrates advanced data analytics and AI, positioning it for further growth and market share capture.
More about Sapiens
Sapiens International Corporation is a leading global provider of software solutions for the insurance industry, focusing on delivering innovative and scalable SaaS platforms and leveraging cloud strategies to accelerate clients’ migration to the cloud.
YTD Price Performance: 1.15%
Average Trading Volume: 194,164
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $1.47B
For a thorough assessment of SPNS stock, go to TipRanks’ Stock Analysis page.
