Sapiens International Expects Higher Revenue Growth In 2023

Summary

  • Sapiens International Corporation N.V. provides a range of insurance industry software and managed services worldwide.
  • Management has raised its 2023 top-line revenue growth expectation to 7.3%.
  • While that growth would more than double 2022's growth, I'm cautious on its prospects for doing so as well as its already full valuation.
  • I remain Neutral [Hold] for Sapiens International Corporation in the near term.
  • Looking for more investing ideas like this one? Get them exclusively at IPO Edge. Learn More »

Businesswomen working on laptops with sign of the top service Quality control certification checked guarantees of the standard of company product. Concept on virtual screen.

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A Quick Take On Sapiens International

Sapiens International Corporation N.V. (NASDAQ:SPNS) provides a range of insurance and financial services industry software products worldwide.

I previously wrote about Sapiens, also with a Hold outlook.

I’m still

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This article was written by

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Donovan Jones is a research specialist with 15 years of experience identifying opportunities for IPOs and public software companies.

He also leads the investing group IPO Edge, which offers actionable information on growth stocks through first-look IPO filings, previews on upcoming IPOs, an IPO calendar for tracking what’s on the horizon, a database of U.S. IPOs, and a guide to IPO investing to walk you through the entire IPO lifecycle - from filing to listing to quiet period and lockup expiration dates.

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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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