Sapient Q1 Profit Rises - Quick Facts

(RTTNews) - Sapient (SAPE) reported that its first-quarter net income to stockholders increased to $13.62 million from $5.91 million, last year. Net income per share was $0.09, compared to $0.04. Non-GAAP net income per share was $0.16, for the quarter.

On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $0.10 for the quarter. Analysts' estimates typically exclude special items. Service revenues increased to $341.54 million from $292.64 million. Analysts expected revenue of $333.51 million for the quarter.

For the second quarter ending June 30, 2014, the company expects its service revenues to be in the range of $350 million to $360 million. Analysts expect the company to report second-quarter revenue of $356.57 million. The company expects its second-quarter non-GAAP income from operations to be in the range of $44 million to $50 million.