CARY, N.C. — Sapiens International, a provider of business process solutions, increased revenues in the third quarter 14 percent to $11.3 million over a year ago, the company said Sunday.
Sapiens (NASDAQ: SPNS) reported a $620,000 loss for the quarter, including a $360,000 write-off for bad debt. The company lost $1.6 million in the same quarter a year ago.
Sapiens: www.sapiens.com
