Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $11.18 USD
Change Today -0.16 / -1.41%
Volume 33.2K
As of 12:17 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

sapiens international corp (SPNS) Snapshot

Open
$11.17
Previous Close
$11.34
Day High
$11.48
Day Low
$10.93
52 Week High
08/18/15 - $12.72
52 Week Low
01/30/15 - $6.20
Market Cap
536.4M
Average Volume 10 Days
121.5K
EPS TTM
$0.36
Shares Outstanding
47.9M
EX-Date
05/21/15
P/E TM
31.2x
Dividend
--
Dividend Yield
1.33%
Current Stock Chart for SAPIENS INTERNATIONAL CORP (SPNS)

Related News

No related news articles were found.

sapiens international corp (SPNS) Related Businessweek News

No Related Businessweek News Found

sapiens international corp (SPNS) Details

Sapiens International Corporation N.V. and its subsidiaries provide software solutions for the insurance industry primarily in North America, the United Kingdom and rest of Europe, Israel, and the Asia Pacific. It offers software solutions for the management of a range of products, including Sapiens ALIS, Sapiens TOPAZ, Sapiens Retirement, and Sapiens Closed Books for life, pension, annuity, and retirement. The company also provides a software suite of solutions supporting various business lines, including personal, commercial, and specialty lines, as well as a solution for the management of reinsurance contracts. These solutions include Sapiens IDIT and Sapiens Reinsurance. In addition, it offers Sapiens DECISION, an enterprise-scale platform that enables institutions to author, store, and manage various organizational business logic. The banks, mortgage institutions, and insurers use Sapiens DECISION to track, verify, and ensure that every decision is based on the up-to-date rules and policies. Further, the company provides technology-based solutions based on its eMerge platform, which provides end-to-end, modular business solutions, ensuring rapid time to market. Additionally, it offers services, such as project delivery and implementation, business and technical consulting related to products, project and program management, training, user acceptance testing, migration, maintenance and support services, hosting, and product upgrades. The company markets and sells its products and services through direct sales force, as well as through channel partners and system integrators. Sapiens International Corporation N.V. was founded in 1982 and is headquartered in Holon, Israel.

1,300 Employees
Last Reported Date: 08/5/15
Founded in 1982

sapiens international corp (SPNS) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

sapiens international corp (SPNS) Key Developments

FNB Selects Sapiens International Corporation

Sapiens International Corporation announced that FNB selected Sapiens ALIS for the launch of its new life insurance company. FNB recently secured a license to launch a new life insurance company, prompting the financial institution to find and implement a new policy administration system. After evaluating available solutions, FNB concluded that Sapiens ALIS, a core solution suite that supports the complete policy lifecycle across a wide variety of products, together with Sapiens' proven delivery proposition, would help the bank realize its goals of obtaining the agility to introduce new products to market quickly.

Sapiens International Corporation Appoints Scott Palmer as Executive Vice President of Sapiens' Retirement Services Practice

Sapiens International Corporation announced that Scott Palmer has joined the organization as executive vice president of Sapiens' Retirement Services practice. Palmer was most recently MassMutual's senior vice president of the Retirement Services and Worksite Marketing division, where he was responsible for driving the retirement technology vision, strategy and execution during a period of historic growth. He brings more than 30 years of business, technology, insurance, and retirement services experience to Sapiens. The breadth and depth of his expertise makes Palmer the ideal executive to direct Sapiens' strong and growing Retirement Services practice and offering. In addition to his position with MassMutual, Palmer held numerous positions with Lincoln Financial Group, including vice president and CIO of Retirement Services. He was responsible for spearheading the strategic direction for both business and IT operations. Earlier in his career, Palmer worked at Computer Sciences Corporation and Unum.

Sapiens International Corporation Announces Consolidated Unaudited Earnings Results for the Second Quarter Ended June 30, 2015; Revises Earnings Guidance for the Full Year 2015

Sapiens International Corporation announced consolidated unaudited earnings results for the second quarter ended June 30, 2015. For the quarter, the company reported revenue of $43,436,000 against $38,651,000 a year ago. Operating income was $5,890,000 against $3,383,000 a year ago. Net income attributable to company shareholders was $4,706,000 against $3,105,000 a year ago. Basic and diluted earnings per share were $0.10 against $0.06 per diluted share a year ago. Non-GAAP operating income was $6,441,000 against $4,001,000 a year ago. Non-GAAP net income attributable to company shareholders was $5,230,000 or $0.11 per basic and diluted share against $3,601,000 or $0.07 per basic and diluted share a year ago. Adjusted EBITDA was $6,900,000 against $4,417,000 a year ago. For the six months, the company reported revenue of revenue of $84,450,000 against $75,279,000 a year ago. Operating income was $10,976,000 against $6,557,000 a year ago. Net income attributable to company shareholders was $8,865,000 against $6,127,000 a year ago. Diluted earnings per share were $0.18 against $0.13 a year ago. Non-GAAP operating income was $12,229,000 against $7,653,000 a year ago. Non-GAAP net income attributable to company shareholders was $9,957,000 or $0.20 per diluted share against $6,976,000 or $0.14 per diluted share a year ago. Net cash provided by operating activities was $22,155,000 against $11,948,000 a year ago. Purchase of property and equipment was $1,209,000 against $1,224,000 a year ago. Increase in capitalized software development costs was $2,865,000 against $3,087,000 a year ago. Adjusted EBITDA was $13,078,000 against $8,437,000 a year ago. For the full year 2015, the company expects revenue in the range of $176-$180 million, up from previous guidance of $174-$178 million, representing growth of approximately 20% over the prior year, on a constant currency basis and operating margins in the range of 14%-14.5%, up from previous guidance of 12%-13%.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SPNS:US $11.18 USD -0.16

SPNS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Majesco $4.95 USD -0.0001
Tata Consultancy Services Ltd 2,547 INR -58.15
View Industry Companies
 

Industry Analysis

SPNS

Industry Average

Valuation SPNS Industry Range
Price/Earnings 33.2x
Price/Sales 3.3x
Price/Book 3.1x
Price/Cash Flow 32.4x
TEV/Sales 3.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SAPIENS INTERNATIONAL CORP, please visit www.sapiens.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.