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

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Sapiens' core claims and workers' compensation solutions were recognized out of 23 leading P&C claims solutions in North America RALEIGH, N.C. , June 15, 2022 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, has announced that Sapiens' claims solutions for P&C and for Workers' Compensation have been recognized by Celent as a Functionality Standouts in the Celent 2022 Claims System Vendors report for North American Property & Casualty Insurance.

Sapiens Recognized by Celent as Functionality Standouts for Property & Casualty and Workers' Compensation Claims

Sapiens CoreSuite for Workers Compensation will allow the insurer to use the latest technology advancements and industry standards while keeping the platform up to date. RALEIGH, N.C.

Wyoming Department of Workforce Services Upgrades its Sapiens Solution to Allow Faster Time-to-Market and Greater Efficiency

The implementation supports NYCM's enterprise-wide reinsurance effort to streamline reinsurance administration and improve reporting   RALEIGH, N.C. , May 18, 2022 /PRNewswire/ --  Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, has announced that NYCM Insurance, a property and casualty insurance provider in operation for 120 years, has implemented Sapiens ReinsurancePro to enhance their internal controls processes, automated calculations and reporting.

NYCM Insurance Goes Live with Sapiens Reinsurance Platform

The accelerated platform will position Altshuler Shaham as a leading player in the Israeli pension funds market HOLON, Israel, May 10, 2022 /PRNewswire/ --  Sapiens International Corporation  (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, has announced that  Altshuler Shaham Investment House, one of Israel's fastest growing provident and pension funds, has upgraded its Life and Pensions solution, to accelerate and support its rapidly growing pension funds business. Sapiens Life and Pension platform will dramatically improve Altshuler Shaham's business processes and operational costs.

Altshuler Shaham Implements Sapiens' Platform to Manage its Pension Processes

Encova boosts its workers' compensation processing power with onboarding of new technologies RALEIGH, N.C. , May 9, 2022 /PRNewswire/ --  Sapiens International Corporation  (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, has announced that Encova Insurance has upgraded its Sapiens CoreSuite for Workers' Compensation platform, to continue to leverage the solution's future-proof architecture while capturing its newest features and functions.

Encova Insurance Transforms its Workers' Compensation Offering with Sapiens Solutions

Sapiens International Corporation N.V. (NASDAQ:SPNS ) Q1 2022 Earnings Conference Call May 3, 2022 9:30 AM ET Company Participants Tally Kaplan - Director, Corporate Marketing Roni Dor - President and Chief Executive Officer Roni Giladi - Chief Financial Officer Alex Zukerman - Chief Strategy Officer Conference Call Participants Surinder Thind - Jefferies Mayank Tandon - Needham & Company Chris Reimer - Barclays Dylan Becker - William Blair Omri Lapidot - Leumi Partners Operator Welcome to Sapiens International Corporation's 2022 First Quarter Financial Results Call.

Sapiens International Corporation N.V. (SPNS) CEO Roni Dor on Q1 2022 Results - Earnings Call Transcript

Sapiens (SPNS) delivered earnings and revenue surprises of 14.81% and 0.39%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Sapiens (SPNS) Beats Q1 Earnings and Revenue Estimates

HOLON, Israel, May 3, 2022 /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 first quarter ended March 31, 2022. Summary Results for First Quarter 2022 (USD in millions, except per share data) GAAP Non-GAAP Q1 2022 Q1 2021 % Change Q1 2022 Q1 2021 % Change Revenue $117.7 $109.6 7.4% $117.7 $110.2 6.8% Gross Profit $49.4 $44.3 11.7% $52.9 $49.2 7.5% Gross Margin 42.0% 40.4% 160 bps 45.0% 44.7% 30 bps Operating Income $16.5 $12.4 33.8% $20.8 $19.0 9.3% Operating Margin 14.1% 11.3%  280 bps 17.6% 17.2% 40 bps Net Income (*) $13.9 $9.8 41.6% $17.3 $14.9 16.0% Diluted EPS $0.25 $0.18 38.9% $0.31 $0.27 14.8% (*) Attributable to Sapiens' shareholders "Sapiens started 2022 with solid results in our first quarter that showed non-GAAP revenue of $117.7 million and non-GAAP operating profit margin of 17.6%.

Sapiens Reports First Quarter 2022 Financial Results

Main European market is also the main growth driver, with more Tier 1 interaction coming through and raising ASPs. APAC is also doing well with greater recognition of Sapiens by Gartner.

Sapiens Achieving Profitable Growth But Guides For Headwinds

HOLON, Israel , April 27, 2022 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that members of the management team would participate in the Needham 17th Annual Needham Technology & Media Conference. The company will conduct virtual one-on-one meetings on Monday, May 16 th, 2022, and host a fireside chat at 9:30 am Eastern time the same day.

Sapiens to Participate Virtually in the 17th Annual Needham Technology & Media Conference on Monday, May 16th

The partnership leverages both companies' extensive expertise in data-driven digital transformation RALEIGH, N.C. , April 25, 2022 /PRNewswire/ -- Sapiens International Corporation , (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, and Mindtree, a global technology consulting and services company, today announced a partnership to help drive digital transformation through the insurance industry.

Sapiens and Mindtree Announce Partnership to Lower Risks & Accelerate Change Processes for Insurers

The partnership leverages both companies' extensive expertise in data-driven digital transformation WARREN, N.J. , April 25, 2022 /PRNewswire/ -- Mindtree , a global technology services and digital transformation company, and Sapiens International Corporation (NASDAQ: SPNS) and (TASE: SPNS), a leading global provider of software solutions for the insurance, banking and financial services industries, today announced a partnership to help insurance companies drive digital transformation.

Mindtree and Sapiens Announce Partnership to Digitally Transform the Insurance Industry

HOLON, Israel , April 19, 2022 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) and (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that it will report on Tuesday , May 3 rd,  2022 the financial results for the first quarter 2022. The company will host a conference call and webcast on May 3 rd, 2022, at 9:30 a.m.

SAPIENS TO ANNOUNCE FIRST QUARTER 2022 FINANCIAL RESULTS ON MAY 3RD, 2022

Sapiens' solution powers Hollard Insure's digital strategy to create a one-stop-shop for brokers HOLON, Israel , April 13, 2022 /PRNewswire/ --  Sapiens International Corporation , (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that it has expanded its relationship with the Hollard Insurance Company (Hollard), to empower Hollard's strategic digital drive with Sapiens cloud-native, low-code DigitalSuite.     When Hollard Insure, the short-term division of the Hollard Insurance Company, was looking to modernize their technology stack, but keep the legacy back-end, they turned to Sapiens.

Hollard Insure Selects Sapiens for Large-Scale Digitalization Program

Sapiens (SPNS) announces that Guardian Group has selected its IllustrationPro and ApplicationPro softwares for upgrading its life and health operations.

Sapiens' (SPNS) IllustrationPro Selected by Guardian Group

Sapiens modern, intuitive solution for electronic application and illustrations empowers Guardian with an exceptional agent experience RALEIGH, N.C. , April 11, 2022 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Guardian Group, a $1 billion carrier serving 21 countries across the English and Dutch Caribbean, is integrating Sapiens' customer acquisition solution for their life and health operations.

Guardian Group Selects Sapiens to Revolutionize Customer Acquisition Solution and Improve Agents' Experience

Sapiens (SPNS) recently announced that Applied Underwriters has selected its ReinsurancePro to automate its reinsurance administration, accounting, analysis and reporting.

Sapiens' (SPNS) ReinsurancePro Selected by Applied Underwriters

Sapiens' solution powers Applied Underwriters, Inc.® to automate its sophisticated, ceded reinsurance program and fuel growth RALEIGH, N.C. , April 5, 2022 /PRNewswire/ --  Sapiens International Corporation , (NASDAQ:SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Applied Underwriters, Inc.® , a global risk services firm, selected Sapiens ReinsurancePro to automate their reinsurance administration, accounting, analysis and reporting.

Applied Underwriters, Inc.® Selects Sapiens to Transform its Reinsurance Administration

HOLON, Israel, March 31, 2022 /PRNewswire/ -- Sapiens International Corporation N.V. (NASDAQ: SPNS) (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, 2021 with the U.S. Securities and Exchange Commission (the "SEC"). The annual report, which contains Sapiens' audited financial statements, can be accessed at the SEC's website at http://www.sec.gov, as well as via the Company's investor rel

Sapiens Files Annual Report on Form 20-F for the Year Ended December 31, 2021

Sapiens' global best practice and industry-specific expertise will help the Portugal insurer to efficiently and effectively manage its global reinsurance program HOLON, Israel , March 29, 2022 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that a leading insurance company in Portugal, both in life and non-life, selected to implement Sapiens ReinsuranceMaster. ReinsuranceMaster will enable the insurer to better manage its global, complex and diversified insurance product sales network of reinsurance business for life and non-life sectors by improving efficiency and expanding capabilities.

Leading P&C and Life Insurer in Portugal Selects Sapiens to Automate and Enhance its Reinsurance Program

RALEIGH, N.C., March 7, 2022 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Builders Insurance Holdings S.A, a leading global provider of P&C insurance and reinsurance services based in Luxembourg, is transforming its legacy system with Sapiens' end-to-end core solution.

Builders Insurance Holdings S.A Selects Sapiens to Modernize its Core and Accelerate its Growth Plans

Sapiens International Corporation N.V.'s (SPNS) CEO Roni Al-Dor on Q4 2021 Results - Earnings Call Transcript

Sapiens (SPNS) delivered earnings and revenue surprises of 10.34% and 0.86%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Sapiens (SPNS) Q4 Earnings Surpass Estimates

HOLON, Israel, Feb. 23, 2022 /PRNewswire/ -- Sapiens International Corporation , (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced its financial results for the fourth quarter and full year ended December 31, 2021.   Summary  Results for Fourth Quarter 2021 (USD in millions, except per share data) GAAP Non-GAAP Q4 2021 Q4 2020 % Change Q4 2021 Q4 2020 % Change Revenue $119.2 $101.7 17.3% $119.9 $102.9 16.4% Gross Profit $48.7 $41.4 17.6% $53.9 $47.0 14.6% Gross Margin 40.8% 40.7% 10 bps 45.0% 45.7%  (70) bps Operating Income $15.7 $10.2 53.9% $21.6 $18.7 15.7% Operating Margin 13.2% 10.1%  310 bps 18.0% 18.1% (10) bps Net Income (*) $13.7 $8.3 64.3% $17.7 $14.5 22.3% Diluted EPS $0.25 $0.15 66.7% $0.32 $0.27 18.5%     Summary  Results for Full Year  2021 (USD in millions, except per share data) GAAP % Change Non-GAAP % Change 2021 2020 2021 2020 Revenue $461.0 $382.9 20.4% $463.6 $384.5 20.6% Gross Profit $187.8 $156.0 20.4% $208.3 $172.9 20.4% Gross Margin 40.7% 40.7% - 44.9% 45.0% (10) bps Operating Income $57.5 $45.0 27.7% $81.4 $67.9 19.8% Operating Margin 12.5% 11.8% 70 bps 17.6% 17.7% (10) bps Net income (*) $47.2 $33.8 39.7% $65.5 $52.0 26.1% Diluted EPS $0.85 $0.65 30.8% $1.18 $1.00 18.0% (*) Attributable to Sapiens' shareholders "Sapiens finished the year strong, with fourth quarter non-GAAP revenue growing 16.4% to $119.9 million and non-GAAP operating profit margin of 18.0%, reflecting our ability to maintain profitability despite the cost increases that our industry and many sectors are facing," stated Roni Al-Dor, President and CEO of Sapiens.

Sapiens Reports Fourth Quarter and Full Year 2021 Financial Results

HOLON, Israel, Feb. 14, 2022 /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 on Wednesday, February 23, 2022 the financial results for the fourth quarter and year ending on December 31, 2021. The company will host a conference call and webcast on February 23, 2022, at 9:30 a.m.

News for Sapiens International Stock (SPNS)