Sapiens International

Sapiens International Corp. NV provides software solutions for the insurance industry. It offers core, end-to-end solutions to the global general insurance, property and casualty, life, pension and annuities, reinsurance and retirement markets, as well as business decision management software. The company was founded by Joseph Bolless and Ron Zuckerman in 1982 and is headquartered in Holon, Israel.

Earnings data Q4 2020

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Sapiens International reports solid Q2 growth and eyes global expansion

Sapiens International's Q2 performance reflects revenue growth, operational efficiency, and successful product launches.
The company's strengths lie in strategic investments, global market presence, and focus on digital transformation.
Challenges include market competition, technology integration, and maintaining cost-effectiveness.
Opportunities for Sapiens include North America expansion, innovation in AI solutions, and global market exploration.

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HOLON, Israel , March 29, 2023 /PRNewswire/ -- Sapiens International Corporation N.V. (NASDAQ: SPNS) and (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022, with the U.S. Securities and Exchange Commission (the "SEC").

Sapiens Files Annual Report on Form 20-F for the Year Ended December 31, 2022

Utilizing Sapiens IllustrationPro and ApplicationPro, EquiTrust launches its new innovative product and process for C ustomer Acquisition in under 6 months RALEIGH, N.C. , March 20, 2023 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced with EquiTrust, a leading North American life and health insurance company, the launch of their state-of-the-art Customer Acquisition solution.

EquiTrust's New Product Launch Powered by Sapiens' Game-Changing Technology

Sapiens' (SPNS) strong product portfolio addresses the digitization needs of the Insurance sector, which attract new customers.

Sapiens' (SPNS) Expanding Customer Base Aids Growth Prospects

Sapiens IDITSuite for Property & Casualty was recognized as a "Luminary" solution excelling in both Advanced Technology and Breadth of Functionality. HOLON, Israel , March 6, 2023 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Sapiens IDITSuite for Property and Casualty has won Celent's 2023 XCelent award for the Breadth of Functionality category in the EMEA region.

Sapiens Wins 2023 Celent XCelent Award for Property & Casualty PAS in EMEA

Sapiens International Corporation N.V. (NASDAQ:SPNS ) Q4 2022 Earnings Conference Call February 21, 2023 9:30 AM ET Company Participants Yaffa Cohen – Chief Marketing Officer and Head-Investor Relations Roni Al-Dor – President and Chief Executive Officer Roni Giladi – Chief Financial Officer Alex Zukerman – Chief Strategy Officer Conference Call Participants Dylan Becker – William Blair Mayank Tandon – Needham & Company Kevin Kumar – Goldman Sachs Surinder Thind – Jefferies Chris Reimer – Barclays Alexei Gogolev – JPMorgan Operator Ladies and gentlemen, thank you for standing by.

Sapiens International Corporation N.V. (SPNS) Q4 2022 Earnings Call Transcript

Sapiens (SPNS) delivered earnings and revenue surprises of -3.03% and 1.42%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Sapiens (SPNS) Lags Q4 Earnings and Revenue Estimates

HOLON, Israel , Feb. 21, 2023 /PRNewswire/ -- Sapiens International Corporation , (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced its financial results for the fourth quarter ended December 31, 2022.   Summary  Results for Fourth  Quarter 2022 (USD in millions, except per share data)                              GAAP                            Non-GAAP Q4 2022 Q4 2021 % Change Q4 2022 Q4 2021 % Change Revenue $119.5 $119.2 0.2 % $119.5 $119.9 -0.3 % Gross Profit $50.3 $48.7 3.4 % $53.8 $53.9 -0.3 % Gross Margin 42.1 % 40.8 %  1 3 0 bps 45.0 % 45.0 % 0 bps Operating Income $16.5 $15.7 4.8 % $21.1 $21.6 -2.5 % Operating Margin 13.8 % 13.2 %  60 bps 17.6 % 18.0 %  -40 bps Net Income (*) $13.4 $13.7 -2.2 % $18.0 $17.7 1.9 % Diluted EPS $0.24 $0.25 -4.0 % $0.32 $0.32 0.0 %   Summary  Results for Full Year end  2022 (USD in millions, except per share data)      GAAP % Change            Non-GAAP % Change 2022 2021 2022 2021 Revenue $474.7 $461.0 3.0 % $474.8 $463.6 2.4 % Gross Profit $200.2 $187.8 6.6 % $213.5 $208.3 2.5 % Gross Margin 42.2 % 40.7 % 1 5 0 bps 45.0 % 44.9 % 10 bps Operating Income $66.5 $57.5 15.7 % $83.5 $81.4 2.5 % Operating Margin 14.0 % 12.5 % 150 bps 17.6 % 17.6 % 0 bps Net income (*) $52.6 $47.2 11.5 % $67.2 $65.5 2.5 % Diluted EPS $0.95 $0.85 11.8 % $1.21 $1.18 2.5 % (*) Attributable to Sapiens' shareholders    "Our revenue in 2022 reached $474.8 million, and on a constant currency basis, we grew by 7.8%.

Sapiens Reports Fourth Quarter 2022 Financial Results

Sapiens CoreSuite for Life & Pensions will improve HGR's position in market and is Sapiens' first Group Risk implementation in South Africa HOLON, Israel , Feb. 13, 2023 /PRNewswire/ --  Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced the full launch of its cloud-first Life core platform CoreSuite for Life & Pensions with South Africa's Hollard Group Risk (HGR), a division of Hollard Life Insurance Company Limited. The announcement marks Sapiens' first Group Risk implementation in South Africa.

South African Insurer Hollard Group Risk Implements Sapiens for Complete Core Transformation for Life & Pensions

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Almost 60% of Sapiens International Corporation N.V.'s revenue is generated outside of North America, which can lead to more pronounced FX headwinds compared to peers. I expect Sapiens International's top line growth to moderate over the coming years, owing to competition from Guidewire Software, Inc. and Duck Creek Technologies, Inc.

Sapiens: Limited Upside From Current Levels

MS Amlin Insurance will replace legacy core systems in French, Belgian and Dutch markets with Sapiens Core P&C Platform and Reinsurance module, underpinned by its Data & Analytics solution; all delivered in the Sapiens Cloud HOLON, Israel , Feb. 2, 2023 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that major European insurer MS Amlin Insurance S.E. has selected Sapiens to deliver an overhaul of a number of their software systems across several European countries.

MS Amlin Insurance Selects Sapiens for Transformation of its Commercial Lines Operations across Multiple Countries

HOLON, Israel , Jan. 24, 2023 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that it will report its financial results for the fourth quarter and year-end 2022, on Tuesday, February 21, 2023. Management will host a conference call and webcast on February 21, 2023, at 9:30 a.m.

SAPIENS TO ANNOUNCE FOURTH QUARTER AND YEAR-END 2022 FINANCIAL RESULTS ON FEBRUARY 21, 2023

Sapiens sold off too harshly in 2022 as currency headwinds disguise its organic growth rate. It has a strong balance sheet with a large cash position to make strategic acquisitions.

Sapiens: Profitable Growth At A Reasonable Price

Yaffa rejoins Sapiens as Chief Marketing Officer and Head of Investor Relations RALEIGH, N.C. , Dec. 19, 2022 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, is happy to welcome aboard Yaffa Cohen-Ifrah, a seasoned marketing and investor relations executive who is rejoining Sapiens as Chief Marketing Officer and Head of Investor Relations.

Yaffa Cohen-Ifrah Joins Sapiens Leadership Team

Sapiens was chosen as the sole vendor, solution includes: CoreSuite, Sapiens Intelligence and Sapiens Cloud Services and Cloud Hosting HOLON, Israel , Dec. 14, 2022 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced with LocalTapiola (LT), Finland's second largest insurance company, the launch of the new Policy Administration System. The new Policy Administration System leverages Sapiens' award-winning CoreSuite, Sapiens Business Intelligence, Sapiens Cloud Services (SCS) and Cloud Hosting to replace the 8 Policy Administration Systems (PAS) with a next-generation digital experience.

Sapiens Establishes Presence in Finnish Market with LocalTapiola Life, Fourth Largest Life Insurance Company in Finland

RALEIGH, N.C. , Dec. 12, 2022 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that the Ohio Bureau of Workers' Compensation (BWC), one of the largest Workers' Compensation carriers in North America, has gone live with Sapiens' latest release of CoreSuite for Workers' Compensation.

Ohio Bureau of Workers' Compensation (BWC), one of the largest Workers' Compensation carriers in North America, goes live with Sapiens' latest release of CoreSuite for Workers' Compensation

Sapiens IDITSuite's cloud-native architecture will digitalize current paper-based processes HOLON, Israel , Dec. 8, 2022 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced the deployment of its cloud-first P&C core platform IDITSuite, in addition to the Data Analytics platform Sapiens Intelligence, with bolttech, a major international insurtech.     bolttech's legacy systems for its Hong Kong general insurance operations are being replaced by the Sapiens solution to provide greater automation and standardization, and globally available oversight on policies, risk exposures, and data.

Major International Insurtech Company bolttech Selects Sapiens for Complete P&C Core Transformation

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Toyota's insurance division in Iberia will implement Sapiens DianaSuite to replace its legacy core system. HOLON, Israel , Nov. 28, 2022 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced they signed an agreement with Toyota Insurance Management Spain (Toyota Seguros) with the aim of transforming and modernizing its business.

Toyota Insurance Spain Selects Sapiens for Total Core Digital Transformation

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Sapiens International's (SPNS) strong product portfolio addresses the digitization needs of the Insurance sector, which attracts new customers.

Sapiens' (SPNS) Expanding Customer Base Augments Growth

Let's see if Sapiens International Corporation N.V. (SPNS) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Should Value Investors Pick Sapiens International (SPNS) Stock?

Sapiens IDITSuite will provide a single overview of policies, from issuing proposals, policy documents to payments HOLON, Israel, Nov. 23, 2022 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced the deployment of its cloud-first P&C platform IDITSuite with the Netherlands branch of HDI Global Specialty SE (HGS), a leading global specialty insurance provider. HGS' legacy system has been replaced by the Sapiens solution in order to provide greater automation and standardization, and globally available oversight on policies, risk exposures and data.

HDI Global Specialty SE Selects Sapiens for Complete P&C Core Transformation

Sapiens International Corporation N.V. (NASDAQ:SPNS ) Q3 2022 Earnings Conference Call November 3, 2022 9:30 AM ET Company Participants Dina Vince - Head of Investor Relations Roni Al-Dor - President & Chief Executive Officer Roni Giladi - Chief Financial Officer Alex Zukerman - Chief Strategy Officer Conference Call Participants Dylan Becker - William Blair Chris Reimer - Barclays Operator Ladies and gentlemen, thank you for standing by.

Sapiens International Corporation N.V. (SPNS) Q3 2022 Earnings Call Transcript

Sapiens (SPNS) delivered earnings and revenue surprises of 3.45% and 2.38%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

News for Sapiens International Stock (SPNS)