Perficient Inc - PRFT STOCK NEWS

Perficient, Inc. (Nasdaq: PRFT) has announced the strategic acquisition of Inflection Point Systems, Inc., a software consulting firm with about $15 million in revenue. This acquisition aims to enhance Perficient's nearshore delivery capabilities in Mexico and expand its presence in Latin America. Effective immediately, the deal is projected to positively impact adjusted earnings per share and adds over 200 skilled professionals along with key client relationships in various sectors.

Perficient, Inc. (Nasdaq: PRFT) reported a strong Q2 2022 performance, with revenues increasing by 21% to $222.7 million, up from $184.1 million in Q2 2021. Net income rose 68% to $27.8 million, while GAAP earnings per share grew 57% to $0.77. Adjusted earnings per share also saw a 26% increase to $1.06. The company emphasized robust demand for its digital transformation services and recorded a 44% organic revenue growth from offshore and nearshore teams. Additionally, Perficient expanded its global delivery footprint and received various industry recognitions.

Perficient, Inc. (Nasdaq: PRFT) has been recognized as a Strong Performer by Forrester Research in the Forrester Wave: Modern Application Development Services, Q3 2022. This accolade highlights Perficient's strategic partnerships and innovative solutions in digital transformation, particularly in AI/ML, and data services. Forrester noted that Perficient drives growth through a well-structured partner program, essential for scaling its Managed Application Development Services. Glenn Kline emphasized the importance of being a trusted partner for businesses seeking modern digital solutions.

Perficient, Inc. has announced an expansion of its global delivery centers in India, adding new locations in Hyderabad and Pune, and increasing space in Chennai, Bangalore, and Nagpur. This expansion will support nearly 2,000 employees and increases operational space by 60%, totaling 73,000 square feet. The offices are designed to enhance digital transformation solutions for clients, with focus on fostering collaboration. Perficient continues to strengthen its global delivery model, assuring high-quality services for their enterprise clients.

Perficient, a leading global digital consultancy, is set to host a conference call on August 4 at 11 a.m. ET to discuss its Q2 2022 results. The results will be released prior to the call, which will be accessible on Perficient's website. Investors and analysts are encouraged to join the call 10 minutes early. The company emphasizes its expertise in digital transformation solutions, aiming to help major enterprises thrive amidst competition. Perficient is listed on the Nasdaq Global Select Market under the ticker PRFT.

Perficient, Inc. announced its participation in ODTUG Kscope22, from June 19-23 in Grapevine, Texas. The company will showcase its expertise in Enterprise Performance Management (EPM) and Data and Analytics. Sessions will include case studies demonstrating how Oracle EPM transformed healthcare operations and presentations on advanced data science techniques. As a silver sponsor, Perficient has over 3,000 client implementations using Oracle technology and will also support the American Cancer Society with donations for booth visitors.

Perficient (Nasdaq: PRFT) announced its presentation at the 42nd annual William Blair Growth Stock Conference in Chicago from June 6-9. CFO Paul Martin will discuss the company’s recent performance and future plans on June 8 at 12:40 p.m. CT. The event is an opportunity for investors to engage with over 300 companies. A live and archived webcast of the presentation will be available at this link.

For more information, visit www.perficient.com.

Perficient, Inc. (NASDAQ: PRFT) will showcase its corporate performance management (CPM) capabilities at OneStream Splash 2022, held in San Antonio from May 23-26. The consultancy aims to modernize financial processes plagued by outdated methods, enhancing profitability and efficiency using the OneStream platform. Joe Klewicki, General Manager of CPM operations, emphasizes the positive impact on clients' decision-making and performance. Perficient experts will lead three sessions, including discussions on budgeting and finance strategies, and will be available at booth 137, donating to the American Cancer Society for each visitor.