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Perficient narrows FY'17 guidance, provides Q3 outlook

Perficient Inc. narrowed its full-year guidance and provided expectations for the third quarter.

The company now expects revenue to be between $490 million and $510 million, compared with previous guidance of $485 million to $515 million. Adjusted earnings per share are expected to be in a range of $1.19 to $1.29, compared with the previously expected range of $1.17 to $1.31.

For the third quarter, Perficient expects adjusted EPS of 32 cents to 34 cents.

Perficient reported second-quarter net income of $2.4 million, or 7 cents per share, down from $5.8 million, or 17 cents per share, in the second quarter of 2016.