Sapiens (SPNS) Rides on Strong Portfolio, Partner Base

Sapiens International's (SPNS) shares have returned 20.4% year to date compared with the Zacks Computer Software industry's growth of 8.4% and the Zacks Computer and Technology sector's return of 18%. SPNS has been benefiting from an innovative SaaS portfolio, which is helping it expand its customer base and drive top-line growth. In second-quarter 2024, revenues increased 6.6% year over year to $136.8 million. Annualized recurring revenue (ARR) rose 12.1$168.6 million. Sapiens expanding ...