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Perficient Inc. (NASDAQ:PRFT) delivered a profit and met Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Perficient Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 9.52% to $0.23 in the quarter versus EPS of $0.21 in the year-earlier quarter.
Revenue: Rose 17.99% to $83.1 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Perficient Inc. reported adjusted EPS income of $0.23 per share. By that measure, the company missed the mean analyst estimate of $0.23. It beat the average revenue estimate of $82.99 million.
Quoting Management: “The fourth quarter capped another year of solid revenue and earnings growth at Perficient,” said Jeffrey Davis, chief executive officer and president. “Ours remains a story of consistent and dependable performance, resulting from focused fiscal discipline and a collective commitment to growing our business for clients, employees, and shareholders. Perficient is well-positioned in 2013 to capitalize on the steadily improving enterprise technology spending market.”
Key Stats (on next page)…
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