Benzinga | Apr 29, 2021 08:20AM EDT

Perficient Raises Guidance

Business Outlook

The following statements are based on current expectations. These statements are forward-looking and actual results may differ materially. See "Safe Harbor Statement" below.

Perficient expects its second quarter 2021 revenue to be in the range of $173 million to $179 million. Second quarter GAAP earnings per share is expected to be in the range of $0.41 to $0.44. Second 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 $0.77 to $0.80.

Perficient is raising its previously provided full year 2021 revenue guidance range from $670 million to $704 million to $685 million to $710 million, raising its 2021 GAAP earnings per share guidance range from $1.57 to $1.72 to $1.72 to $1.87 and raising its 2021 adjusted earnings per share (a non-GAAP measure; see attached schedule which reconciles to GAAP earnings per share guidance) guidance range from $2.85 to $3.00 to $3.00 to $3.15.