Sapient Q2 Profit Rises - Quick Facts

(RTTNews) - Sapient (SAPE) reported that its second-quarter net income attributable to stockholders rose to $23.33 million or $0.16 per share, from $14.12 million or $0.10 per share, last year. Non-GAAP net income attributable to stockholders of Sapient was $29.91 million or $0.21 per share, for the quarter.

On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.11 for the quarter. Analysts' estimates typically exclude special items.

Total gross revenues rose to $326.61 million, from $289.10 million last year. Analysts expected revenue of $305.60 million for the quarter.

The company expects its third-quarter service revenues to be in the range of $318 million to $325 million. Analysts expect the company to report third-quarter revenue of $313.82 million.