Sapient Q2 Profit Slightly Rises - Quick Facts

(RTTNews) - Sapient (SAPE) reported that its second-quarter net income to stockholders increased to $23.29 million from $22.79 million, last year. Earnings per share was $0.16, flat with a year ago. Non-GAAP net income attributable to stockholders was $32.46 million or $0.23 per share, for the quarter.

On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.17 for the quarter. Analysts' estimates typically exclude special items.

Service revenues were $362.19 million, compared to $314.33 million, prior year. Analysts expected revenue of $357.76 million for the quarter. On a constant currency basis, revenues increased 13.8% over the second quarter of 2013.

Sapient expects third-quarter service revenues to be in the range of $350 million to $360 million. Third quarter non-GAAP income from operations is expected to be in the range of $44 million to $50 million. Analysts expect the company to report third-quarter revenue of $366.47 million.