Sapiens International Corporation announced its financial results for the first quarter ended March 31, 2025, on May 8, 2025. The company reported non-GAAP revenue of $136.1 million, a 1.4% increase year-over-year, and non-GAAP diluted EPS of $0.37.
Annualized Recurring Revenue (ARR) reached $187 million, an 11.8% increase from Q1 2024, primarily driven by new customer acquisitions. Recurring software products and services constituted 79% of total revenue, highlighting a stable revenue stream.
Sapiens raised its 2025 non-GAAP revenue guidance to a range of $574 million to $578 million, up from the previous $553 million to $558 million. However, non-GAAP operating profit guidance was revised to $94 million to $96 million, reflecting an approximate $5 million negative impact from AdvantageGo losses and integration costs from both Candela and AdvantageGo acquisitions.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.