hotstocks

 

PRFT

Page history last edited by vacplan@... 3 yrs ago

Perficient

Perficient is a leading information technology consulting firm serving Global 2000 and other large enterprise customers throughout the United States. Perficient helps clients gain competitive advantage by using Internet-based technologies to make their businesses more responsive to market opportunities and threats, strengthen relationships with customers, suppliers and partners, improve productivity and reduce

information technology costs. Perficient is a member of the Russell 2000® index and is traded on the Nasdaq Global Select MarketSM, a market for public companies that meet the highest listing standards in the world. Perficient is an award-winning "Premier Level" IBM business partner, a TeamTIBCO partner, a

Microsoft Gold Certified Partner, a Documentum Select Services Team Partner and an Oracle-Siebelpartner. For more information about Perficient, which employs more than 950 professionals.

 

Recommendations

IDB ranks PRFT best in the Computer Tech Service Group with a 98 EPS rate.{Sept. 1,2006}

Ending Q1 Mar Q2 Jun Q3 Sep Q4 Dec FISC YR Annual NUM Brokers (FISC) CAL YR Annual NUM Brokers (CAL)

2007 0.14 0.16 0.16 0.16 0.61 5 0.61 5

2006 0.10A 0.12A 0.13 0.13 0.48 5 0.48 5

2005 0.06A 0.07A 0.08A 0.08A 0.28 4 0.28 4

2004 0.04A 0.04A 0.05A 0.06A 0.19 2 0.19 2

2003 0.00A 0.01A 0.03A 0.03A 0.07 0 0.07 0

2002 -0.07A -0.09A 0.03A -0.09A -0.32 0 0

2001 0.03A -0.01A -0.01A -0.13A -0.12 0 -0.12 0

2000 -0.09A -0.10A 0.03A 0.03A -0.13 0 -0.13 0

Notes

The company expects its Q3 2006 services and software revenue, including reimbursed expenses, to be in the range of $41.0 million to $43.1 million, comprised of $40.4 million to $42.4 million of revenue from services including reimbursed expenses and $600 thousand to $700 thousand of revenue from sales of

software. The guidance range of services revenue including reimbursed expenses would represent services revenue growth of 67% to 75% over the third quarter of 2005. The Company’s Q3 guidance does not include a full quarter of revenues from the $17 million division of Digital Consulting and Software Services, Inc., that Perficient acquired on July 21st, 2006. On a pro forma basis, giving full effect to this

acquisition, Perficient’s Q3 guidance range would be $41.9 to $44.0 million.

 

AUSTIN, Texas, July 21, 2006 --Perficient, Inc. (NASDAQ: PRFT), a leading information technology consulting firm serving Global 2000 and other large enterprise customers throughout the United States, today announced that it has acquired the Energy, Government and General Business (EGG) division of Digital Consulting & Software Services, Inc. The acquired EGG division is a systems integration consulting business with approximately $17 million in annual revenues. The transaction is expected to increase Perficient’s annualized revenues to greater than $170 million with more than 925 consulting, technology, sales and support professionals in 15 offices in the United States and Canada and client relationships with more than 600 Global 2000 companies. The acquisition is expected to be accretive to earnings per share immediately.

Comments (0)

You don't have permission to comment on this page.