AP NEWS
Click to copy
Click to copy

Perficient: 2Q Earnings Snapshot

August 1, 2019

ST. LOUIS (AP) _ Perficient Inc. (PRFT) on Thursday reported second-quarter earnings of $8.5 million.

On a per-share basis, the St. Louis-based company said it had net income of 27 cents. Earnings, adjusted for one-time gains and costs, were 52 cents per share.

The information technology consulting firm posted revenue of $141.9 million in the period.

For the current quarter ending in October, Perficient expects its per-share earnings to range from 50 cents to 53 cents.

The company said it expects revenue in the range of $140 million to $145 million for the fiscal third quarter.

Perficient expects full-year earnings in the range of $1.94 to $2.04 per share, with revenue ranging from $553 million to $568 million.

Perficient shares have climbed 54% since the beginning of the year. The stock has climbed 30% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRFT at https://www.zacks.com/ap/PRFT

All contents © copyright 2019 The Associated Press. All rights reserved.