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Article: Perficient Reports Third Quarter 2009 Results.
- Article from:
- Business Wire
- Article date:
- November 5, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Earnings and Revenues Exceed Consensus Estimates; Expands Share Repurchase Plan to $40 Million and Issues Positive Q4 Guidance
ST. LOUIS & AUSTIN, Texas -- Perficient, Inc. (NASDAQ: PRFT) a leading information technology consulting firm serving Global 2000 and other large enterprise customers throughout North America, today reported financial results for the quarter ended September 30, 2009.
Financial Highlights
For the third quarter ended September 30, 2009:
* Revenues decreased 24% to $44.5 million from $58.3 million during the third quarter of 2008;
* Services revenue decreased 25% to $39.3 million from $52.5 million during ...