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October 15, 1998

COMPANY RESULT: SAPIENT CORP

By CBR Staff Writer

Sapient Corp, Cambridge, Massachusetts-based systems integrator, has reported a third-quarter net loss of $4.0m on revenue up 71.4% at $41.8m, compared to net income of $3.3m, or $0.13 per share, a year ago. Nine-month net income was down 41.4% at $5.3m on revenue up 69.4% at $107.9m. Earnings per share fell 45.7% to $0.19 for the nine months. Results include a one-time charge of $14.8m from the acquisition of Studio Archetype Inc and a deferred tax benefit of $5.4m.

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