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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Perficient's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Perficient's position in the market.
Perficient, Inc. reported a decrease in revenues of 7% to $215.3 million for the first quarter of 2024 compared to the same period in 2023. Net income decreased by 57% to $11.6 million, and GAAP earnings per share dropped 56% to $0.33. Adjusted earnings per share also declined 26% to $0.77, while Adjusted EBITDA decreased 27% to $36.5 million. The company has entered into a definitive agreement to be acquired by EQT for approximately $3 billion.
Perficient, Inc., a leading digital consultancy, is set to be acquired by EQT for $3.0 billion in an all-cash transaction. This deal values Perficient at $76.00 per share, representing a 75% premium to its stock price on April 29, 2024. The transaction is expected to close by the end of 2024, making Perficient a private company with headquarters in St. Louis.
