Sapiens International Corporation ( (SPNS) ) has released its Q1 earnings. Here is a breakdown of the information Sapiens International Corporation presented to its investors.
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Sapiens International Corporation is a global leader in providing intelligent insurance SaaS-based software solutions, empowering insurers with AI-driven platforms for operational excellence across various insurance sectors.
In its first quarter of 2025, Sapiens International Corporation reported a steady financial performance, with a slight increase in revenue and gross profit compared to the same period last year. The company also highlighted strategic acquisitions and a strong demand for its AI-driven insurance platforms.
The company’s revenue for Q1 2025 was $136.1 million, marking a 1.4% increase from Q1 2024. Gross profit rose by 5.4% to $60.7 million, while net income attributable to shareholders increased by 3.3% to $17.9 million. Sapiens also completed two acquisitions, expanding its global reach and solution offerings.
Sapiens’ management expressed confidence in maintaining positive momentum throughout the year, raising its 2025 guidance for non-GAAP revenue to a range of $574 million to $578 million. However, the company anticipates a $5 million impact on operating profit due to acquisition-related costs.
Looking ahead, Sapiens remains optimistic about its growth prospects, driven by strong customer adoption of its SaaS model and a robust pipeline of opportunities. The company is committed to delivering long-term value to its customers and shareholders.