Sapiens reports Q4 EPS 37c, consensus 36c

Reports Q4 revenue $134.31M, consensus $135.89M. Roni Al-Dor, president and CEO of Sapiens (SPNS), stated, “In the fourth quarter we achieved $134 million in revenue, a 2.6% year over year increase. This quarter showcased solid execution across our key regions and ongoing growth of our core Life business. For the full year 2024, we delivered a 5.4% increase in revenue, reflecting the signing of deals with new and existing customers. North America led our global performance with a 6.3% year-over-year revenue increase. By leveraging our Microsoft cloud strategy and scalable SaaS platform, we are accelerating our clients’ migration to the cloud.”