- Perficient press release ( NASDAQ: PRFT ): Q4 Non-GAAP EPS of $1.14 beats by $0.01 .
- Revenue of $232.6M (+8.3% Y/Y) misses by $3.41M .
- Adjusted EBITDA increased 14% to $54.3 million from $47.7 million in the fourth quarter of 2021.
- Outlook: Perficient expects its first quarter 2023 revenue to be in the range of $227 million to $233 million vs $240.97M consensus. First quarter GAAP earnings per share is expected to be in the range of $0.67 to $0.73. First quarter adjusted earnings per share (a non-GAAP measure; see attached schedule which reconciles to GAAP earnings per share guidance) is expected to be in the range of $1.01 to $1.06 vs $1.10 consensus.
- Perficient is providing its full year 2023 revenue guidance in the range of $945 million to $985 million vs $992.90M consensus, 2023 GAAP earnings per share guidance in the range of $3.24 to $3.40 and 2023 adjusted earnings per share (a non-GAAP measure; see attached schedule which reconciles to GAAP earnings per share guidance) guidance in the range of $4.60 to $4.75 vs $4.75 consensus.
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Perficient reports mixed Q4 earnings; initiates Q1 and FY23 outlook