Perficient: Q1 Earnings Snapshot

Associated Press Finance
1 min read
0
In this article:

ST. LOUIS (AP) — ST. LOUIS (AP) — Perficient Inc. (PRFT) on Tuesday reported first-quarter earnings of $26.8 million.

On a per-share basis, the St. Louis-based company said it had profit of 75 cents. Earnings, adjusted for one-time gains and costs, were $1.04 per share.

The results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of $1.04 per share.

The information technology consulting firm posted revenue of $231.4 million in the period, beating Street forecasts. Five analysts surveyed by Zacks expected $230.1 million.

For the current quarter ending in June, Perficient expects its per-share earnings to range from $1.08 to $1.13.

The company said it expects revenue in the range of $231 million to $237 million for the fiscal second quarter.

_____

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

Advertisement

Recommended Stories