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 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

Earnings data Q4 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.

Sapiens reports revenue growth in Q3 amidst SaaS transition

Sapiens International (SPNS) demonstrated revenue growth and profitability in Q3 2024, driven by North America success.
While facing challenges from the transition to a SaaS model, the company maintains a strong focus on innovation and expense management.
Opportunities lie in leveraging AI capabilities, expanding customer base, and solidifying market position in the insurance industry.

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

The implementation accelerates HGR's complete core transformation for Life & Pensions UXBRIDGE, England , Sept. 30, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that South Africa's Hollard Group Risk (HGR), a division of Hollard Life Insurance Company Limited, has gone live with Sapiens DataSuite, to accelerate the complex migration of HGR's business and align processes with Sapiens CoreSuite for Life & Pensions.

Hollard Group Risk Goes Live with Sapiens Data and Analytics Solution to Complement Sapiens CoreSuite for Life & Pensions

The Summit included 545 participants from 115 insurance companies, customers, and partners ROCHELLE PARK, N.J. , Sept. 12, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, hosted its annual North America Customer Summit in Austin, Texas on September 9-11, 2024.

Sapiens Showcases Next-Gen Innovations at Annual North America Customer Summit in Austin, Texas

SPNS' expanding clientele and partner base make the stock attractive for the long term. However, its stretched valuation is a near-term headwind.

Sapiens Rises 21.1% Year to Date: How Should You Play SPNS Stock Now?

Sapiens Insurance Platform for Life & Annuities will provide one integrated solution to support all products and services throughout the insurance lifecycle ROCHELLE PARK, N.J. , Sept. 5, 2024 /PRNewswire/ --Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that a leading tier-one life and health insurer in Canada has selected Sapiens Insurance Platform for Life & Annuities (L&A) to improve operational performance, drive efficiency, enhance the client and advisor experience, and ensure their digital evolution and growth in the life and health market.

Tier-One Canadian Life and Health Insurance Carrier Selects Sapiens Insurance Platform to Foster Innovation, Drive Efficiency, and Improve Agent & Customer Experience

The partnership empowers insurers with enhanced risk evaluation and underwriting decisions UXBRIDGE, England , Sept. 4, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today a partnership with Addresscloud, a cloud-based location intelligence provider, to empower insurers with enhanced capabilities to understand geographic risk and make more informed underwriting decisions with access to global geospatial datasets.

Sapiens Partners with Addresscloud to Enhance Insurers' Geographic Risk Insights

Version 12.0 reflects Sapiens' investment strategy and tech advancements to support the diverse needs of insurers across all personal and commercial lines of business ROCHELLE PARK, N.J. , Aug. 27, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced the launch of its latest version of Sapiens CoreSuite for Property & Casualty for the North American insurance market.

Sapiens Releases Latest Version of CoreSuite for Property & Casualty for Enhanced Performance, Security and Efficiency

ROCHELLE PARK, N.J. , Aug. 15, 2024 /PRNewswire/ -- Sapiens International Corporation N.V.

SAPIENS DECLARES CASH DIVIDEND OF $16.2 MILLION, OR $0.29 PER SHARE FOR THE FIRST HALF OF 2024

Sapiens (SPNS) benefits from an innovative SaaS portfolio and partner base, which is helping it expand its customer base and drive top-line growth.

Sapiens (SPNS) Rides on Strong Portfolio, Partner Base

Sapiens' reinsurance management solution to improve efficiency, expand capabilities for complex structure management, and mitigate claims leakage ROCHELLE PARK, N.J. , Aug. 12, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Society Insurance, a leading U.S. niche insurance provider, has selected Sapiens ReinsurancePro to increase efficiency, streamline financial reporting, and minimize claims leakage.

Society Insurance Selects Sapiens to Automate and Transform its Reinsurance Processes

Sapiens enables process modernization, speed to market, and expansion of Continental General's TPA services ROCHELLE PARK, N.J. , Aug. 7, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS) ("Sapiens"), a leading global provider of software solutions for the insurance industry, today announced that Continental General Insurance Company (together with its affiliates, "Continental General"), a life, accident, and health insurance company, has selected Sapiens as a technology partner to help accelerate operations, modernize its platform for future insurance products, and enhance its ability to scale in new markets.

Continental General Selects Sapiens Insurance Platform for Life & Annuities to Accelerate its Operations

Sapiens' automation of the reinsurer's processes ensures financial stability and operational excellence ROCHELLE PARK, N.J. , Aug. 6, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Rockford Mutual Insurance Company has selected Sapiens ReinsurancePro to fully automate their reinsurance management processes, to maximize efficiency and profitability, and mitigate costly claims leakage.

Rockford Mutual Insurance Company Selects Sapiens ReinsurancePro to Enhance Efficiency and Mitigate Claims Leakage

Sapiens International Corporation N.V. (NASDAQ:SPNS ) Q2 2024 Earnings Conference Call August 1, 2024 9:30 AM ET Company Participants Yaffa Cohen-Ifrah - Chief Marketing Officer & 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 Kevin Kumar - Goldman Sachs Chris Reimer - Barclays Operator Ladies and gentlemen, thank you for standing by.

Sapiens International Corporation N.V. (SPNS) Q2 2024 Earnings Call Transcript

ROCHELLE PARK, N.J. , Aug. 1, 2024 /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 second quarter ended June 30, 2024.

Sapiens Reports Second Quarter 2024 Financial Results

Rochelle Park, N.J. , July 18, 2024 /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 second quarter of 2024 on Thursday, August 1, 2024.

SAPIENS TO ANNOUNCE SECOND QUARTER OF 2024 FINANCIAL RESULTS ON AUGUST 1, 2024

Sapiens empowers Pan-American Life Insurance Group to consolidate their enterprise illustration standards, to streamline processes and expand product offerings    ROCHELLE PARK, N.J. , July 18, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Pan-American Life Insurance Group (PALIG) has gone live with Sapiens IllustrationPro, a comprehensive SaaS solution hosted on the Microsoft Azure cloud.

Pan-American Life Insurance Group Goes Live with Sapiens IllustrationPro SaaS Solution for Rollout on Microsoft Azure Cloud

ROCHELLE PARK, N.J. , July 9, 2024 /PRNewswire/ -- Sapiens International Corporation (Nasdaq: SPNS)(TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Ma'alot S&P Global (a part of the global rating firm Standard & Poor's Financial Services LLC) ("Ma'alot") has confirmed the long-term issuer rating for Sapiens as "ilAA-", with stable outlook, while also confirming the rating for Sapiens' Series B Debentures as "ilAA-".

S&P Global Ratings Maalot Confirms Ratings of Sapiens and its Series B Debentures as "ilAA-" with a Stable Outlook/ "ilAA-"

Sapiens' (SPNS) prospects are strong, driven by a strong SaaS platform and an expanding clientele.

Sapiens' (SPNS) Strong Portfolio, Clientele Make It a Buy Now

Sapiens International: Strategic Innovations And Growth Prospects, Bullish Outlook

Sapiens (SPNS) benefits from a robust portfolio, expanding clientele and strong partner base.

Sapiens (SPNS) Benefits From a Strong Portfolio, Partner Base

Sapiens' expanded offering maximizes business value for MPL insurers, supporting growth and retention   ROCHELLE PARK, N.J. , July 2, 2024 /PRNewswire/ --  Sapiens International Corporation , (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced a strategic investment in Sapiens CoreSuite for Medical Professional Liability (MPL), to foster growth and innovation for the MPL industry.

Sapiens Accelerates Growth for Medical Professional Liability Insurers

Sapiens (SPNS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Sapiens (SPNS) Upgraded to Strong Buy: Here's Why

Sapiens (SPNS) announced the launch of its cutting-edge AI-powered, cloud-native insurance platform, strengthening its portfolio.

Sapiens' (SPNS) Latest AI-Powered Platform Strengthens Portfolio

Sapiens' AI-driven platform enables insurers to embrace the latest innovative technologies to make smarter business decisions and increase automation ROCHELLE PARK, N.J. , June 18, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today launched its AI-powered, open, integrated, cloud-native platform.

Sapiens Launches Its Next-Gen Intelligent Insurance Platform

Sapiens' (SPNS) Property & Casualty (P&C) platform gets selected by Bangkok Insurance Public Company Limited (BKI), a leading insurer in Thailand.

Sapiens (SPNS) Expands International Footprint With BKI Deal

The go-live provides Thailand's leading insurer with accelerated growth, operational efficiency and speed to market UXBRIDGE, England , June 13, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS)( TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Bangkok Insurance Public Company Limited (BKI), a market leading insurer in Thailand, has gone live with Sapiens Property & Casualty platform, including Sapiens IDITSuite for Property & Casualty, Sapiens ReinsuranceMaster, and Sapiens Intelligence. The go-live is one of the largest, most complex implementations in the Thailand insurance sector to date.

News for Sapiens International Stock (SPNS)