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Perficient Inc - PRFT STOCK NEWS

Welcome to our dedicated page for Perficient news (Ticker: PRFT), a resource for investors and traders seeking the latest updates and insights on Perficient stock.

Perficient Inc (symbol: PRFT) is a premier digital transformation consulting firm, dedicated to serving Global 2000 and enterprise customers across North America. The company is renowned for its unparalleled expertise in information technology, management consulting, and creative capabilities. Through its highly regarded Perficient Digital agency, the firm delivers comprehensive solutions that encompass vision, execution, and value, ensuring outstanding digital experiences, optimized business processes, and industry-specific solutions.

Perficient's extensive range of services includes:

  • Big Data Analytics: Unlocking insights from vast amounts of data to drive strategic decisions.
  • Technology Platform Implementations: Streamlining operations through advanced technology solutions.
  • Enterprise Content Management: Efficiently managing digital content to enhance business workflows.
  • Portals and Collaboration: Facilitating seamless communication and collaboration within organizations.
  • Management Consulting: Providing expert advice to improve business strategies and operations.
  • Custom Applications: Developing tailored software solutions to meet unique business needs.
  • Business Integration: Ensuring seamless integration of various business processes and systems.
  • Business Process Management: Streamlining and optimizing business processes for improved efficiency.
  • Customer Relationship Management (CRM): Enhancing customer interactions and relationships through advanced CRM solutions.

The company's services span multiple industries, including healthcare, financial services, retail, and electronics, with the majority of its revenue being generated from the United States. Recent achievements and ongoing projects underscore Perficient's commitment to driving digital transformation and business excellence for its clients.

Stay updated with the latest news and developments from Perficient Inc., as the company continues to innovate and lead in the digital consulting space.

Rhea-AI Summary

Perficient, Inc. (Nasdaq: PRFT) reported a robust performance for Q1 2022, with revenues soaring 31% to $222.1 million, up from $169.3 million in Q1 2021. Net income doubled to $27.1 million, while GAAP EPS rose 83% to $0.75. Adjusted EPS increased by 31% to $0.98 and Adjusted EBITDA was up 37% to $47.2 million. The company anticipates continued growth due to increasing demand from major enterprises. Perficient also launched training bootcamps and formed a partnership with Atlanta United, further establishing its market presence.

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Perficient, Inc. (Nasdaq: PRFT) has announced a multi-year partnership with Major League Soccer's Atlanta United. This agreement signifies Perficient as the club's first eSports partner, enhancing its marketing and corporate engagement benefits. The partnership aims to foster digital transformation in Atlanta's thriving business market, focusing on innovative customer experiences. Perficient, a leading global digital consultancy, is committed to helping enterprises excel through strategic digital solutions.

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Perficient (NASDAQ: PRFT), a leading global digital consultancy, will host a conference call on April 28 at 11 a.m. ET to discuss its Q1 2022 results. A press release with detailed results will be issued prior to the call. Interested participants can access the call through the company's website. The call will also include a Q&A session, and participants are encouraged to join at least 10 minutes early. Perficient provides digital transformation solutions to major enterprises and is a member of the Russell 2000 and S&P SmallCap 600 indices.

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Perficient, Inc. (Nasdaq: PRFT) reported a strong Q4 2021 with revenues rising 32% to $214.7 million. However, net income decreased 46% to $4.5 million, mainly due to debt extinguishment losses. For the full year, revenues grew 24% to $761 million, while net income surged 73% to $52.1 million. Adjusted earnings per share rose 40% to $3.50. Notably, Romil Bahl, CEO of KORE Wireless, was appointed to the Board. Perficient continues to capitalize on digital transformation trends, expanding its market presence.

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Perficient, Inc. (NASDAQ: PRFT) has been recognized as a leading outsourcing provider in the 2022 Global Outsourcing 100 by the International Association of Outsourcing Professionals (IAOP), marking its second consecutive year on the list. The company's global delivery model, which includes onshore, nearshore, and offshore capabilities, allows it to support digital transformation effectively. In 2021, Perficient expanded its headcount significantly in India and South America, resulting in over 3,300 developers and a broad geographical footprint across four continents.

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Perficient (NASDAQ: PRFT) announces the hiring of 50 new graduates from its Bright Paths Program, aimed at advancing STEM education for underrepresented communities. The program, in collaboration with Strayer University's Hackbright Academy and Devmountain, trains students in software engineering and consulting. To date, 67 graduates from diverse backgrounds have joined Perficient, contributing to the company's focus on innovation and diversity in technology. This initiative aims to address the employment gap in the tech industry and enrich the company's skillset.

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Perficient, Inc. (NASDAQ: PRFT) will host a conference call on February 24 at 11 a.m. ET to discuss its fourth quarter and full-year 2021 results. A news release with the results will be available before the call. Participants can access the call through Perficient's website or the dedicated phone numbers provided. Investors should dial in at least 10 minutes prior to the call. Perficient is a global digital consultancy that supports top enterprises with transformative solutions.

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Perficient (Nasdaq: PRFT) has partnered with Brazilian robot team RioBotz for the upcoming BattleBots season. Minotaur, their competitor robot, will showcase Perficient's branding in the popular competition, which airs globally on the Discovery Channel. This collaboration emphasizes innovation in science and technology, aiming to engage STEM enthusiasts. The partnership is highlighted by Bill Davis of Perficient, who notes the importance of reaching tomorrow's tech talent. The competition begins soon, showcasing creativity and engineering prowess in robot design.

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Perficient, Inc. has announced a private offering of $330 million in 0.125% Convertible Senior Notes due 2026, increasing from a previous $300 million. Qualified institutional buyers will purchase the notes under Rule 144A. The closing is expected on November 9, 2021. Proceeds, estimated at $320.4 million, will largely fund cash payments for concurrent exchange transactions and convertible note hedge transactions, along with general corporate purposes. The notes will pay interest semi-annually at a rate of 0.125%.

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Perficient (Nasdaq: PRFT) announced its intention to offer $300 million in Convertible Senior Notes due 2026, subject to market conditions. The offering is targeted at qualified institutional buyers and may include an additional $45 million in Notes. Proceeds will be allocated to cash payments in exchange transactions, convertible note hedge transactions, and general corporate purposes. The Notes will be unsecured and subordinated to certain existing debts. Conversion may occur under certain conditions, and interest will be paid semi-annually.

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FAQ

What is the current stock price of Perficient (PRFT)?

The current stock price of Perficient (PRFT) is $75.96 as of October 1, 2024.

What is the market cap of Perficient (PRFT)?

The market cap of Perficient (PRFT) is approximately 2.6B.

What does Perficient Inc do?

Perficient Inc is a digital transformation consulting firm that offers IT and consulting services, including big data analytics, technology platform implementations, and more.

Which industries does Perficient Inc serve?

Perficient Inc serves healthcare, financial services, retail, and electronics industries.

What are some of Perficient's key services?

Some key services include big data analytics, enterprise content management, custom applications, business integration, and customer relationship management.

Where does Perficient Inc generate most of its revenue?

The majority of Perficient Inc's revenue comes from the United States.

What is the Perficient Digital agency?

Perficient Digital is an agency within Perficient Inc that delivers digital experiences, business optimization, and industry solutions.

How does Perficient Inc help businesses?

Perficient Inc helps businesses by providing IT and consulting services that enhance digital experiences, optimize business processes, and offer industry-specific solutions.

What recent achievements has Perficient Inc accomplished?

Perficient Inc has made significant strides in digital transformation projects, driving innovation and business excellence for its clients.

How can I stay updated with Perficient Inc’s news?

You can stay updated with the latest news and developments by following news releases and updates from Perficient Inc on various platforms.

Does Perficient Inc offer management consulting?

Yes, Perficient Inc offers management consulting to improve business strategies and operations.

What makes Perficient Inc a leader in digital transformation?

Perficient Inc's unparalleled expertise, comprehensive service offerings, and commitment to delivering value and innovation make it a leader in digital transformation.

Perficient Inc

Nasdaq:PRFT

PRFT Rankings

PRFT Stock Data

2.62B
34.39M
2.18%
96.14%
6.91%
Information Technology Services
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United States of America
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