Financial Performance - Sapiens reported Q4 2024 revenue of $134.3 million, a 2.6% increase year-over-year from $130.9 million in Q4 2023[3] - For the full year 2024, revenue reached $542.4 million, reflecting a 5.4% increase from $514.6 million in 2023[4] - Gross profit for Q4 2024 was $60.1 million, up 7.5% from $55.9 million in Q4 2023, with a gross margin of 44.8%[3] - The company achieved a net income of $17.9 million in Q4 2024, a 5.3% increase from $17.0 million in Q4 2023[3] - The operating income for Q4 2024 was $21.7 million, an 8.0% increase from $20.1 million in Q4 2023[3] - The diluted EPS for Q4 2024 was $0.32, a 6.7% increase from $0.30 in Q4 2023[3] - Net income attributable to Sapiens' shareholders for Q4 2024 was $17.9 million, compared to $17.0 million in Q4 2023, reflecting a 5.3% increase[23] - Non-GAAP net income attributable to Sapiens' shareholders for the year ended December 31, 2024, was $83.3 million, up from $75.0 million in 2023, reflecting an increase of 11.5%[24] - Net income for the twelve months ended December 31, 2024, was $72.32 million, an increase of 15.3% compared to $62.87 million in 2023[33] Cash Flow and Assets - Cash flow from operating activities for Q4 2024 was $42.1 million, significantly higher than $38.6 million in Q4 2023[31] - Total assets as of December 31, 2024, were $691.7 million, a slight increase from $689.6 million in 2023[32] - Net cash provided by operating activities increased to $82.23 million from $79.43 million, reflecting a growth of 3.3%[33] - Cash and cash equivalents at the end of the period increased to $163.69 million from $126.72 million, marking a positive change of 29.2%[33] - The company reported a decrease in trade receivables of $12.5 million, indicating improved cash flow management[33] Guidance and Future Outlook - Sapiens provided guidance for 2025 non-GAAP revenue in the range of $553 million to $558 million, with an operating profit forecast of $98 million to $102 million[5] - The company is focusing on a modular, open insurance platform that integrates advanced data analytics and AI to drive future growth[5] Customer and Market Performance - North America led global performance with a 6.3% year-over-year revenue increase, driven by new and existing customer deals[5] - Sapiens serves over 600 customers in more than 30 countries, emphasizing its commitment to innovation and customer partnerships[19] Other Financial Metrics - Annual Recurring Revenue (ARR) increased to $175.5 million in Q4 2024, up from $164.8 million in Q4 2023, representing a 6.5% growth[27] - Non-GAAP operating income for Q4 2024 was $24.5 million, slightly higher than $24.2 million in Q4 2023[24] - Adjusted EBITDA for Q4 2024 was $25.4 million, compared to $25.3 million in Q4 2023, indicating stable performance[25] - The company reported a gross margin of 46.7% for Q4 2024, compared to 45.4% in Q4 2023[29] Financial Ratios and Compliance - Actual shareholders' equity (excluding non-controlling interest) was $479.6 million, significantly above the target of $120 million[35] - The ratio of net financial indebtedness to net capitalization was 57.93%, well below the target of 65%[35] - The ratio of net financial indebtedness to EBITDA was 1.71, significantly lower than the target of 5.5[35] - The company was in compliance with all financial covenants under the Series B Debentures as of December 31, 2024[34] Investment in Technology - The company invested $7.13 million in capitalized software development costs, reflecting ongoing commitment to technology advancement[33]

Core Viewpoint - Wall Street anticipates flat earnings for Sapiens in the upcoming quarter, with a consensus EPS estimate of $0.36, unchanged from the previous year, while revenues are expected to rise by 4% to $136.11 million [1][3]. Earnings Expectations - The stock price may increase if actual earnings exceed expectations in the earnings report scheduled for February 18, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised down by 0.94% over the last 30 days, indicating a bearish sentiment among analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Sapiens is lower than the consensus estimate, resulting in an Earnings ESP of -5.56%, which complicates the prediction of an earnings beat [10][11]. - A positive Earnings ESP is generally a strong indicator of an earnings beat, especially when combined with a favorable Zacks Rank [8]. Historical Performance - In the last reported quarter, Sapiens met the expected EPS of $0.37, showing no surprise, and has beaten consensus estimates three times in the last four quarters [12][13]. Conclusion - Sapiens does not currently appear to be a strong candidate for an earnings beat, and investors should consider other factors before making investment decisions [16].

Core Insights - Sapiens International Corporation has launched Sapiens UnderwritingPro v14, an advanced automated underwriting and new business case management system for life and annuities insurers [1][5] - The new version incorporates significant functional and technical enhancements, focusing on operational efficiency, seamless communication, and AI-driven capabilities [2][5] Product Features - Sapiens UnderwritingPro v14 includes AI integration for enhanced underwriting decisions, predictive analytics, and intelligent insights, improving speed and precision [3][5] - An innovative agent communication portal has been introduced to enhance the agent-underwriter experience, allowing for streamlined interactions and better client service [3][4] - The release builds on existing capabilities for automating underwriting decisions, with improved management of underwriting rules and simplified workflow management [4][5] Strategic Commitment - The launch reflects Sapiens' commitment to innovation and continuous development, driven by industry trends and user feedback [5] - The system aims to empower insurers to deliver faster, smarter, and more accurate underwriting decisions, enhancing operational accuracy and user experience [5][6] Company Overview - Sapiens International Corporation is recognized as a global leader in intelligent insurance software solutions, serving over 600 customers in more than 30 countries [6] - The company focuses on harnessing AI and advanced automation to support core solutions across various insurance sectors, including property and casualty, workers' compensation, and life insurance [6]

Core Insights - AAFMAA has implemented Sapiens technology to enhance its life insurance application and underwriting processes for military members and their families, making it faster and easier [1][2][3] - The new system allows for tailored insurance options and significantly reduces the application review cycle from weeks to just a few days [2][3] Company Overview - AAFMAA is the longest-standing nonprofit financial solutions provider for the military community, offering affordable life insurance, investment management, and customized mortgages [4] - Sapiens International Corporation is a global leader in intelligent insurance software solutions, serving over 600 customers in more than 30 countries [5]

Group 1 - The article discusses an ongoing investigation related to Sapiens International Corporation N.V. (SPNS) and potential financial losses incurred by investors [1] - The investigation is being conducted by Levi & Korsinsky, a law firm specializing in securities litigation, indicating possible legal implications for the company [1] - Investors who have lost money on SPNS are encouraged to contact the law firm for further information and potential recovery options [1]

Microsoft Azure customers worldwide now gain access to Sapiens SaaS solutions to take advantage of the scalability, reliability, and agility of Azure to drive application development and shape business strategies. UXBRIDGE, England, Jan. 13, 2025 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a global leader in intelligent insurance software solutions and a premium member of the Microsoft Top 100 Partner program, today announced the availability of Sapiens SaaS solutions in t ...

ROCHELLE PARK, N. J., Dec. 26, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Roni Giladi, Chief Financial Officer, is scheduled to participate in the 27th Annual Needham Growth Conference to be held at the Lotte NY Palace Hotel in New York City, January 14 – 16, 2025. Sapiens will host a group presentation on January 15, from 2:15 p.m.- 2:55 p.m. Eastern Daylight Time (EDT) ...

Sapiens UnderwritingPro solution drives efficiency and automation with advanced technology and end-to-end functionality ROCHELLE PARK, N.J., Dec. 18, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Sapiens UnderwritingPro for Life & Annuities has received a 2024 XCelent award, in the Customer Base and Support categories in the North America region for new business and automa ...

Sapiens International’s (SPNS) shares have fallen 26.6% in the past month against the Zacks Computer & Technology sector’s 3.7% return and the Zacks Computer - Software industry’s 5.5% growth.Delays in closing new deals, attributed to macroeconomic uncertainties, are affecting Sapiens’ prospects.SPNS issued weaker guidance for 2024, revising its non-GAAP revenue expectations downward. Revenues are expected to be $541-$546 million, indicating a 1.6% reduction at the mid-point from the previous projection of ...

Exhibit 99.1 Sapiens Reports Third Quarter 2024 Financial Results Rochelle Park, NJ, November 11, 2024 – Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced its financial results for the third quarter ended September 30, 2024. Summary Results for Third Quarter 2024 (USD in millions, except per share data) | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------|--------|------ ...