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Perficient issues revenue guidance for Q2, amends share buyback plan

Perficient Inc.expects services and software revenue for the second quarter to be in the rangeof $119 million to $129 million.

The figure is comprised of $113 million to $119 million of revenuefrom services, including reimbursed expenses, and $6 million to $10 million of revenuefrom sales of software.

The company reported first-quarter net income of $5.4 million,or 16 cents per share, up from $4.1 million, or 12 cents per share, in the prior-yearquarter.

Also, Perficient's board authorized an amendment to the company'sshare buyback program to increase the total authorization to $110 million. The expirationdate of the program was extended to Dec. 31, 2017, from June 30, 2016.