Sapient saw significant growth in the third quarter of 2008, according to data the firm has released. Sapient saw service revenues of $177.7 million, an increase of 25 percent from $141.6 million from the same quarter last year and 7 percent increase from $165.8 million last quarter.
"I am particularly pleased with this quarter's operating performance which is further evidence clients continue to value our highly differentiated services," said Sapient President and Chief Executive Officer Alan J. Herrick. "While the global economic environment is challenging to all companies, we believe we are well positioned with capabilities that are extremely relevant to our clients. We remain committed to our long-term strategy and diligent toward our goal of continually improving operating performance."
For the 2008 fourth quarter, the firm expects service revenues to be relatively flat with the third quarter, somewhere between $164 million and $174 million.
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