Sapiens(SPNS) - 2023 Q3 - Quarterly Report

Exhibit 99.1 Sapiens Reports Third Quarter 2023 Financial Results November 8, 2023 – Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced its financial results for the third quarter ended September 30, 2023. Summary Results for Third Quarter 2023 (USD in millions, except per share data) GAAP Non-GAAP Q3 2023 Q3 2022 % Change Q3 2023 Q3 2022 % Change Revenue 130.7130.7 119.0 9.8% 130.8130.8 119.0 9.9% Gross Profi ...