Perficient Past Earnings Performance
Past criteria checks 2/6
Perficient has been growing earnings at an average annual rate of 31%, while the IT industry saw earnings growing at 14.2% annually. Revenues have been growing at an average rate of 14% per year. Perficient's return on equity is 18.6%, and it has net margins of 10.9%.
Key information
31.0%
Earnings growth rate
29.2%
EPS growth rate
| IT Industry Growth | 22.4% |
| Revenue growth rate | 14.0% |
| Return on equity | 18.6% |
| Net Margin | 10.9% |
| Next Earnings Update | 06 May 2024 |
Recent past performance updates
Recent updates
Are Investors Undervaluing Perficient, Inc. (NASDAQ:PRFT) By 35%?
Apr 10
Perficient (NASDAQ:PRFT) Seems To Use Debt Quite Sensibly
Mar 28Perficient Hopes For 2nd Half 2024 Client Spending Growth
Mar 05Returns At Perficient (NASDAQ:PRFT) Are On The Way Up
Feb 19Investor Optimism Abounds Perficient, Inc. (NASDAQ:PRFT) But Growth Is Lacking
Feb 07Is It Too Late To Consider Buying Perficient, Inc. (NASDAQ:PRFT)?
Jan 24A Look At The Fair Value Of Perficient, Inc. (NASDAQ:PRFT)
Dec 31Do Perficient's (NASDAQ:PRFT) Earnings Warrant Your Attention?
Dec 04Perficient (NASDAQ:PRFT) Is Looking To Continue Growing Its Returns On Capital
Nov 16Perficient (NASDAQ:PRFT) Seems To Use Debt Quite Sensibly
Nov 03Should You Investigate Perficient, Inc. (NASDAQ:PRFT) At US$55.40?
Oct 21Calculating The Intrinsic Value Of Perficient, Inc. (NASDAQ:PRFT)
Sep 06Investors Will Want Perficient's (NASDAQ:PRFT) Growth In ROCE To Persist
Aug 04Here's Why Perficient (NASDAQ:PRFT) Has Caught The Eye Of Investors
Jul 23Should You Investigate Perficient, Inc. (NASDAQ:PRFT) At US$85.26?
Jul 11We Think Perficient (NASDAQ:PRFT) Can Manage Its Debt With Ease
Jun 28Estimating The Fair Value Of Perficient, Inc. (NASDAQ:PRFT)
May 04Here's Why Perficient (NASDAQ:PRFT) Has Caught The Eye Of Investors
Apr 21Perficient (NASDAQ:PRFT) Is Experiencing Growth In Returns On Capital
Apr 05Is Now An Opportune Moment To Examine Perficient, Inc. (NASDAQ:PRFT)?
Mar 23Perficient (NASDAQ:PRFT) Has A Rock Solid Balance Sheet
Mar 07If EPS Growth Is Important To You, Perficient (NASDAQ:PRFT) Presents An Opportunity
Jan 16Calculating The Fair Value Of Perficient, Inc. (NASDAQ:PRFT)
Jan 04What Does Perficient, Inc.'s (NASDAQ:PRFT) Share Price Indicate?
Dec 20Is Perficient (NASDAQ:PRFT) Using Too Much Debt?
Dec 05Returns At Perficient (NASDAQ:PRFT) Are On The Way Up
Nov 10Do Perficient's (NASDAQ:PRFT) Earnings Warrant Your Attention?
Oct 12Perficient enters multiyear agreement with Dallas Mavericks
Oct 10Perficient: Strong Demand And Acquisition Of Inflection Point
Sep 30Perficient, Inc.'s (NASDAQ:PRFT) Intrinsic Value Is Potentially 85% Above Its Share Price
Sep 30What Is Perficient, Inc.'s (NASDAQ:PRFT) Share Price Doing?
Sep 18Perficient acquires Inflection Point
Sep 07We Think Perficient (NASDAQ:PRFT) Can Manage Its Debt With Ease
Aug 24Perficient (NASDAQ:PRFT) Is Experiencing Growth In Returns On Capital
Aug 05Perficient expands global delivery center locations in India
Jul 20Do Perficient's (NASDAQ:PRFT) Earnings Warrant Your Attention?
Jul 12Perficient, Inc. (NASDAQ:PRFT) Shares Could Be 23% Below Their Intrinsic Value Estimate
Jun 30Perficient: Pocket Rocket
Jun 20At US$86.92, Is Perficient, Inc. (NASDAQ:PRFT) Worth Looking At Closely?
Jun 18Perficient (NASDAQ:PRFT) Could Easily Take On More Debt
May 18Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow Perficient makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 907 | 99 | 171 | 0 |
| 30 Sep 23 | 918 | 102 | 174 | 0 |
| 30 Jun 23 | 923 | 103 | 176 | 0 |
| 31 Mar 23 | 914 | 104 | 173 | 0 |
| 31 Dec 22 | 905 | 104 | 171 | 0 |
| 30 Sep 22 | 887 | 82 | 169 | 0 |
| 30 Jun 22 | 852 | 77 | 164 | 0 |
| 31 Mar 22 | 814 | 66 | 161 | 0 |
| 31 Dec 21 | 761 | 52 | 152 | 0 |
| 30 Sep 21 | 709 | 56 | 144 | 0 |
| 30 Jun 21 | 674 | 45 | 139 | 0 |
| 31 Mar 21 | 636 | 35 | 135 | 0 |
| 31 Dec 20 | 612 | 30 | 135 | 0 |
| 30 Sep 20 | 595 | 34 | 136 | 0 |
| 30 Jun 20 | 582 | 37 | 136 | 0 |
| 31 Mar 20 | 577 | 39 | 135 | 0 |
| 31 Dec 19 | 566 | 37 | 134 | 0 |
| 30 Sep 19 | 552 | 33 | 133 | 0 |
| 30 Jun 19 | 531 | 29 | 128 | 0 |
| 31 Mar 19 | 511 | 27 | 122 | 0 |
| 31 Dec 18 | 498 | 25 | 118 | 0 |
| 30 Sep 18 | 500 | 24 | 115 | 0 |
| 30 Jun 18 | 500 | 24 | 113 | 0 |
| 31 Mar 18 | 495 | 21 | 111 | 0 |
| 31 Dec 17 | 485 | 19 | 108 | 0 |
| 30 Sep 17 | 468 | 16 | 103 | 0 |
| 30 Jun 17 | 458 | 14 | 101 | 0 |
| 31 Mar 17 | 460 | 18 | 100 | 0 |
| 31 Dec 16 | 487 | 20 | 101 | 0 |
| 30 Sep 16 | 482 | 24 | 104 | 0 |
| 30 Jun 16 | 485 | 26 | 103 | 0 |
| 31 Mar 16 | 470 | 24 | 103 | 0 |
| 31 Dec 15 | 458 | 23 | 100 | 0 |
| 30 Sep 15 | 450 | 22 | 97 | 0 |
| 30 Jun 15 | 446 | 22 | 96 | 0 |
| 31 Mar 15 | 453 | 24 | 94 | 0 |
| 31 Dec 14 | 439 | 23 | 90 | 0 |
| 30 Sep 14 | 411 | 22 | 86 | 0 |
| 30 Jun 14 | 391 | 22 | 84 | 0 |
| 31 Mar 14 | 369 | 20 | 80 | 0 |
| 31 Dec 13 | 357 | 21 | 78 | 0 |
| 30 Sep 13 | 344 | 20 | 73 | 0 |
| 30 Jun 13 | 335 | 18 | 70 | 0 |
Quality Earnings: PRFT has high quality earnings.
Growing Profit Margin: PRFT's current net profit margins (10.9%) are lower than last year (11.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PRFT's earnings have grown significantly by 31% per year over the past 5 years.
Accelerating Growth: PRFT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PRFT had negative earnings growth (-5.2%) over the past year, making it difficult to compare to the IT industry average (1.3%).
Return on Equity
High ROE: PRFT's Return on Equity (18.6%) is considered low.