3SOF

very interesting chart on PRFT tailor made cup and handle .although pretty antique looking lol .stock up after hours on mention in buisness week stock could really move                            your thoughts guys regards

Great find...I applaud you..

Perhaps a new time to buy after pullback on the trendline breakout...Volume are good...And we can see a ascending triangle pattern.

Stop loss at 14.00
target at 18.5 - 28.00 (difficult)

update:
1)
Perficient upgraded to "buy"
Friday, November 03, 2006 1:27:55 PM ET
Roth Capital
NEW YORK, November 3 (newratings.com) - Analysts at Roth Capital upgrade Perficient Inc (PRFT.NAS) from "hold" to "buy." The target price has been raised from $14 to $18.

2)
Perficient Reports Third Quarter 2006 Results
Thursday November 2, 8:00 am ET
Company Reports Record Quarterly Revenues and Exceeds Consensus Revenue and EPS Estimates
Achieves $0.10 Diluted EPS and $0.15 Diluted Cash EPS(1)

AUSTIN, Texas--(BUSINESS WIRE)--Perficient, Inc. (NASDAQ: PRFT - News), a leading information technology consulting firm serving Global 2000 and other large enterprise customers throughout the United States, today reported financial results for the quarter ended September 30, 2006.

Financial Highlights

For the third quarter ended September 30, 2006:

* Revenues increased 70% to $44.3 million compared to $26.1 million during the third quarter of 2005;

* Services revenues, including reimbursed expenses, increased 77% to $42.8 million compared to $24.2 million during the third quarter of 2005;

* Earnings per share on a fully diluted basis were up 25% to $0.10 compared to $0.08 per share during the third quarter of 2005. The impact of non-cash stock compensation reduced GAAP earnings per share on a fully diluted basis $0.02 per share in the third quarter of 2006;

* Cash earnings per share(1) on a fully diluted basis were up over 60% to $0.15 compared to $0.09 per share during the third quarter of 2005;

* Net income was up 37% to $2.8 million compared to $2.1 million during the third quarter of 2005. Net income included GAAP non-cash stock compensation expense net tax effect of approximately $520,000 and $45,000 in the third quarter of 2006 and 2005, respectively;

* EBITDA(2) was up 50% to $6.3 million compared to $4.2 million during the third quarter of 2005. EBITDA(2) included GAAP non-cash stock compensation expense of approximately $758,000 and $73,000 in the third quarter of 2006 and 2005, respectively;

* Gross margin for services revenue was 38.7% compared to 38.4% in the third quarter of 2005. Gross profit for services revenue included GAAP non-cash stock compensation expense of approximately $243,000 and $-0- in the third quarter of 2006 and 2005, respectively. Gross Margin for services revenue excluding stock compensation expense was 39.3% compared to 38.4% in the third quarter of 2005; and

* Gross margin for software revenue was 18.6% compared to 21.6% in the third quarter of 2005.

"The third quarter was another record quarter for Perficient, with 77% total services revenue growth over the prior year quarter and record profitability," said Jack McDonald, Perficient's chairman and chief executive. "Our organic growth continues to be extremely strong at north of 25% on a trailing twelve month basis. Our strong cash flows and improved cash management have enabled us to pay down debt to less than $7 million as of September 30th and approximately $3 million as of November 2nd. We enter Q4 with an annualized revenue run-rate of more than $180 million, great organic growth prospects, an acquisition pipeline that's stronger than it's ever been and nearly $50 million available under our credit facility."

"On a number of key operating metrics, our strong performance is continuing," said Jeffrey Davis, Perficient's president and chief operating officer. "Services gross margin, excluding stock compensation, was north of 39% and it's notable that we achieved this at a utilization rate of 84%, within our sustainable range. Average bill rate remained strong - we've already begun to increase the lower bill rates which accompanied the two most recent acquisitions. This is indicative of the operational diligence we bring to acquired firms, the marketplace leverage the Perficient brand brings and the underlying strength in the legacy businesses. Our backlog and project pipeline continue to be strong. Finally, we remain on track to meet our goal to hire 250 professionals in 2006, having hired 206 billable resources through the third quarter."

.......

Other Third Quarter Highlights:

Among other achievements in the third quarter, Perficient:

    * Completed the acquisition of the Energy, Government and General Business Division of Digital Consulting and Software Services, Inc., a transaction that added a significant presence in the southeastern United States;

    * Added new customer relationships and follow-on projects with leading companies and government agencies including: AG Edwards, Anheuser Busch, Build a Bear Workshop, City of Houston, Classified Ventures, Ericsson, Hendrickson, Hewitt Associates, Jayco, Luxxotica, MGM Mirage, MTD Products, Rent A Center, Shelter Insurance, Synovate, US Cellular, Wellpoint, YUM! Brands, and many others;

    * Posted its 14th consecutive quarter of positive net income and earnings per share;

    * Received an A+ rating from Investor's Business Daily (IBD), was ranked #1 in the IT services sector, #5 on the IBD 100 and was positively profiled in a feature story in the September 26th print edition of the newspaper;

    * Strengthened its executive leadership team through the addition of Paul E. Martin as CFO; and
    * Was named to the CRN Fast Growth 100 List.


Business Outlook

The following statements are based on current expectations. These statements are forward-looking and actual results may differ materially.

The company expects its fourth quarter 2006 services and software revenue, including reimbursed expenses, to be in the range of $42.4 million to $45.1 million, comprised of $39.2 million to $41.3 million of revenue from services including reimbursed expenses and $3.2 million to $3.8 million of revenue from sales of software. The guidance range of services revenue including reimbursed expenses would represent services revenue growth of 58% to 66% over the fourth quarter of 2005.

Perficient "buy," target price raised

Thursday, January 11, 2007 2:59:23 AM ET
Roth Capital

NEW YORK, January 11 (newratings.com) - In a research note published yesterday, analysts at Roth Capital reiterate their "buy" rating on Perficient Inc (PRFT.NAS). The target price has been raised from $18 to $20.

&

Perficient raises Q4 rev outlook
Wed Jan 10, 2007 9:25 AM ET

(Adds analysts estimates)

Jan 10 (Reuters) - IT consulting company Perficient Inc. <PRFT.O> raised its fourth-quarter revenue outlook on services revenue growth and higher sales of software.

The company said it now expects quarterly services and software revenue, including reimbursed expenses, to be between $48.4 million and $49.6 million. Earlier, it forecast revenue of $42.4 million to $45.1 million.

Perficient said the revised outlook represents services revenue growth of 66 percent to 69 percent from the fourth quarter in 2005.

For the latest fourth quarter, four analysts on average expect the company to report earnings of 14 cents a share, excluding items, on revenue of $44.6 million, according to Reuters Estimates.

PRFT broke out today on heavy volume.

Thanks for the update BigSully1.......great day today ! Record price large gain.
I'll keep an eye on it...
I have found the best time for entry is when the MACD hooks up from center line. The center line should be close to the bottom of the graph. This indicates the previous trend was strong. Although a hook up of the MACD above center is positive, I've found good profits when the lines go to zero then hook up on increase volume. 


52wk Range: 11.25 - 21.55
Volume: 1,081,210
Avg Vol (3m): 378,710

Technicals
Record Price High
Record Price Break Out
Percentage Gainer

Last Price Quote is:
10.57%above 13-day MA
13.27%above 50-day MA
RS Rating: 94 

Fundamentals
Key Data:
Market Cap (M): $381.95 
P/E Ratio: 47.78 
PEG Ratio: 1.344 
Next Earnings: 05/09/2007
Last Analyst Rating: Hold

Here is the chart.......

You'r welcome, and thanks for your analysis Setravis. here's another that broke out on big volume yesterday you could take a look at.  Foster Wheeler FWLT. I don't own this one, at least not yet. Whaddaya think?

PRFT update:

1)
PRFT: Q1 Adj EPS 16c vs 10c Beats 15c Est; Guidance In-Line with Consensus
Thursday , May 10, 2007 09:44ET

QUARTER RESULTS
Perficient Inc (PRFT) reported Q1 results ended March 2007. Q1 Revenues were $50.05M; +68.86% vs yr-ago; BEATING revenue consensus by +0.56%. Adjusted Q1 EPS was 16c; +60.00% vs yr-ago; BEATING earnings consensus by +6.67%.

Q1 RESULTS      Reported      Year-Ago     Y/Y Chg      Estimate    SURPRISE
----------  ------------  ------------  ----------  ------------  ----------
Revenues:        $50.05M       $29.64M     +68.86%       $49.77M      +0.56%
----------  ------------  ------------  ----------  ------------  ----------
Adj EPS:                   16c           10c          +60.00%         15c            +6.67%
----------  ------------  ------------  ----------  ------------  ----------

GUIDANCE

Q2-07 Revenue Outlook [$48.5 - $51.2M]: PRFT expects Q2 revenue of $48.5 million to $51.2 million. The Q2-07 revenue forecast is in-line with current consensus estimates.

2)
Perficient Reports First Quarter 2007 Results
Thursday May 10, 8:02 am ET
Company Reports Record Quarterly Revenues, Realizes Higher Gross and EBITDA Margins and Exceeds Consensus Analysts' Earnings Forecast

AUSTIN, Texas--(BUSINESS WIRE)--Perficient, Inc. (NASDAQ: PRFT - News) a leading information technology consulting firm serving Global 2000 and other large enterprise customers throughout the United States, today reported financial results for the quarter ended March 31, 2007.

Financial Highlights

For the first quarter ended March 31, 2007:

    * Revenues increased 69% to $50.0 million compared to $29.6 million during the first quarter of 2006;
    * Services revenues, including reimbursed expenses, increased 69% to $43.3 million compared to $25.6 million during the first quarter of 2006;
    * Earnings per share on a fully diluted basis were up 57% to $0.11 compared to $0.07 per share during the first quarter of 2006;
    * Non-GAAP earnings per share (formerly called cash earnings per share or Cash EPS as defined in the schedule that reconciles to GAAP EPS which accompanies this release) on a fully diluted basis were up 60% to $0.16 compared to $0.10 per share during the first quarter of 2006;
    * Net income was up 88% to $3.2 million compared to $1.7 million during the first quarter of 2006;
    * Non-GAAP net income was up 92% to $4.8 million compared to $2.5 million during the first quarter of 2006;
    * EBITDA (a non GAAP measure, see attached schedule which reconciles to GAAP net income and net cash flows from operating activities) was up 84% to $6.8 million compared to $3.7 million during the first quarter of 2006. EBITDA included GAAP non-cash stock compensation expense of approximately $1.6 million and $0.7 million in the first quarter of 2007 and 2006, respectively;
    * Gross margin for services revenue was 37.8% compared to 34.7% in the first quarter of 2006. Gross profit for services revenue included GAAP non-cash stock compensation expense of approximately $365,000 and $232,000 in the first quarter of 2007 and 2006, respectively. Gross margin for services revenue excluding stock compensation expense was 38.6% compared to 35.6% in the first quarter of 2006; and
    * Gross margin for software revenue was 16.8% compared to 14.7% in the first quarter of 2006.

"The first quarter was another record for Perficient, with 69% year-over-year growth in services revenue and record profitability," said Jack McDonald, Perficient's chairman and chief executive. "We expanded our geographic footprint with the acquisition of E-Tech Solutions, and enter the second quarter at an annualized revenue run-rate of more than $200 million. Our acquisition pipeline has never been stronger and we continue to execute aggressively against our growth goals. Moreover, we are beginning to see the benefits of operating leverage and scale on our bottom line, which should positively impact profitability in the second quarter."

"We continue to execute strongly against key operating metrics," said Jeffrey Davis, Perficient's president and chief operating officer. "Rising average bill rates, coupled with utilization that remained strong helped increase EBITDA margins excluding stock compensation from 14.8% to 16.6% year over year. Strong cash flow, coupled with increased diligence around DSO collections, left us with just $2.9 million of debt, even after accounting for the acquisition of E-Tech Solutions and the payment of year-end bonuses. We're well-positioned for another year of strong growth from our existing business in 2007."

Other First Quarter Highlights:

Among other achievements in the first quarter, Perficient:

    * Completed the acquisition of E-Tech Solutions, a transaction that added a significant presence in the northeastern United States;
    * Added new customer relationships and follow-on projects with leading companies and government agencies including: Affinia, AG Edwards, Berry Plastics, Centene, Classified Ventures, Cord Blood Registry, Erie Insurance, Fiskars Brands, Highmark, Johnson Controls, Luxxotica, NetJets, Royal Carribean, The Capital Group, Johnson Controls and many others;
    * Posted its 15th consecutive quarter of positive net income and earnings per share;
    * Completed and filed our Form 10-K annual report on March 5th, 2007, which included the Company's and its external audit firm's unqualified opinion on internal controls, eliminating the 'material weakness' opinion included in our 2005 Form 10-K annual report filing; and
    * Was named a "Hidden Gem" in the March 1st, 2007 edition of the Wall Street Journal.

Business Outlook

The following statements are based on current expectations. These statements are forward-looking and actual results may differ materially.

The company expects its second quarter 2007 services and software revenue, including reimbursed expenses, to be in the range of $48.5 million to $51.2 million, comprised of $46.9 million to $49.3 million of revenue from services including reimbursed expenses and $1.6 million to $1.9 million of revenue from sales of software. The guidance range of services revenue including reimbursed expenses would represent services revenue growth of 34.9% to 41.3% over the second quarter of 2006.
3)
Perficient "hold," target price raised
Friday, May 11, 2007 11:53:40 AM ET
Roth Capital
NEW YORK, May 11 (newratings.com) - Analysts at Roth Capital reiterate their "hold" rating on Perficient Inc (PRFT.NAS). The target price has been raised from $20 to $22.

PRFT update:
Merger Monster Since 2004 Sees Benefits from Market Slowdown

Having just completed its 12th acquisition since 2004, Perficient, Inc. (PRFT) was recently ranked ninth as Fortune 500's 'Fastest Growing Small Public Companies' for 2007. As a result of its largest-to-date acquisition of Boldtech, the company is now poised to meet revenue guidance, and with the more recent acquisition of ePairs Inc., to address the market's Oracle-Siebel's talent supply constraints. The technology information consulting firm stated that it will now be more rigorously pursuing enterprise accounts in 2008 as the market works its way through the current state of economic uncertainty. The Company reported revenues
of $53M, and beat consensus EPS estimates by reporting adjusted earnings of 21c per share. Moving toward a goal of $500M by the end of 2010, the company leaves the quarter with no outstanding debts and is backed by a strong 4Q M&A pipeline, along with $10M in cash
flow and $50M available under its credit facility to complete future deals.
During its earnings conference call, CEO Jack McDonald explained that the reason the company did not meet analysts revenue expectations despite 40% year-over-year cash EPS growth for the quarter was due largely to about $4M worth of projects that were unexpectedly canceled
by one of its larger accounts. Minus additional acquisitions, the company still expects to be within range of $0.90 to a $1.00, and the current game plan is to process another three to for acquisitions next year to add roughly $50M in revenue. With so much activity on the M&A front
since 2004, Perficient believes its strategy stands to benefit from the market's current slowdown. With the crumbling of private equity, there hasn't been much competition for deals, and the valuations are looking attractive, with deals at lower EBITDA multiples. Since Perficient trades at about 19 times EBITDA, there appears to be opportunity to leverage
earnings from M&A deals. Said McDonald, "There aren't a lot of strategic buyers that are going after these sub-$25 million acquisitions.
If anything, a little bit of slowdown in the market is a good thing in terms of putting reality into the minds of folks that have businesses and probably makes them more apt to look favorably at an acquisition and see the benefits of being part of a larger organization with more established client relationships, stronger partnerships and a bigger sales channel.

So, all in all, it's a more positive environment on the M&A front, probably marginally more positive than it's been over the past 12 to 18 months."

&

Perficient initiated with "buy"

Thursday, December 06, 2007 8:34:12 AM ET
Brean Murray, Carret & Co

NEW YORK, December 6 (newratings.com) - Analyst Peter Jacobson of Brean Murray initiates coverage of Perficient Inc (PRFT.NAS) with a "buy" rating. The target price is set to $20.

In a research note published this morning, the analyst mentions that the company has been posting impressive organic growth and has undertaken 18 acquisitions from 1998 to date. Perficient is likely to continue to post robust earnings and revenue growth going forward, driven by its skilled CEO and COO, the analyst says. The company has undertaken two acquisitions to improve its pricing competitiveness and expand its offshore delivery capabilities, Brean Murray adds.

Perficient Raises Fourth Quarter 2007 Revenue Guidance
Wednesday January 9, 7:00 am ET


AUSTIN, Texas--(BUSINESS WIRE)--Perficient, Inc. (NASDAQ: PRFT - News), a leading information technology consulting firm serving Global 2000 and other large enterprise customers throughout North America, announced today that it is raising its revenue guidance for the fourth quarter of 2007.
ADVERTISEMENT


The Company expects its fourth quarter services and software revenue, including reimbursed expenses, to be in the range of $61.2 million to $62.7 million, comprised of $56.6 million to $57.8 million of revenue from services including reimbursed expenses and $4.6 million to $4.9 million of revenue from sales of software. The Company's revised guidance range includes approximately $500 thousand of services revenue from ePairs, Inc., a $6 million firm which Perficient acquired in late November 2007.

The revised guidance range of services revenue including reimbursed expenses would represent services revenue growth of 35% to 38% over the fourth quarter of 2006.

This revised revenue guidance compares to the previous guidance range of $56.3 million to $62.1 million (which included $2 million to $5 million of revenue from sales of software) provided in the third quarter 2007 earnings release and conference call on November 10, 2007.

"The fourth quarter was another record for Perficient," said Jack McDonald, Perficient's chairman and chief executive. "We posted strong revenues that were bolstered by a reacceleration of organic growth and continued to see positive operating leverage enhance

fyi:
Perficient "buy," target price reduced
02/21/08 - Needham & Co
NEW YORK, February 21 (newratings.com) - Analysts at Needham & Co reiterate their "buy" rating on Perficient Inc (PRFT). The target price has been reduced from $24 to $13.

&

PRFT: New 52-Wk Low @ $9.430 dn 0.74%
Friday , February 22, 2008 10:10ET

This is the 1st 52 WEEK LOW alert for PRFT in the past 7 calendar days.

The share price for Perficient Inc (NASDAQ NM: PRFT) reached a new 52-week low today, trading at $9.430, down $-0.070 (-0.74%) from its previous close of $9.500.

The Company's previous 52-week low of $9.480 was set yesterday on February 21, 2008.

One year ago, the Company's shares closed at $20.098. The price has declined more than 53 percent since then.

At the time of this alert, the stock had traded 176,879 shares via 321 trades, 59.72% below it's 20day average of 439,140 shares.

This new 52-week low currently puts the stock:

22.19% below its 20day Moving Average of $12.120
34.32% below its 50day Moving Average of $14.357
42.39% below its 100day Moving Average of $16.368

chart update:

Roth slides:

Zacks rating is a hold but broker rating is a buy.

Perficient Reports Fourth Quarter and Year-End 2007 Results
Tuesday March 4, 8:00 am ET 
Company Reports Record Quarterly and Annual Revenues and Exceeds Consensus Earnings Estimate; Achieves $0.22 Diluted Non-GAAP EPS in the Quarter and $0.78 Diluted Non-GAAP EPS for 2007
(Realizes $0.15 and $0.54 Diluted GAAP EPS, respectively)


AUSTIN, Texas--(BUSINESS WIRE)--Perficient, Inc. (NASDAQ: PRFT - News) a leading information technology consulting firm serving Global 2000 and other large enterprise customers throughout North America, today reported financial results for the quarter and year ended December 31, 2007.
Financial Highlights

For the fourth quarter ended December 31, 2007:


Revenues increased 26% to $62.4 million compared to $49.5 million during the fourth quarter of 2006;
Services revenue, excluding reimbursable expenses, increased 37% to $53.8 million compared to $39.1 million during the fourth quarter of 2006;
Earnings per share on a fully diluted basis increased 50% to $0.15 compared to $0.10 per share during the fourth quarter of 2006.
Non-GAAP earnings per share (formerly called cash earnings per share or Cash EPS; see attached schedule which reconciles to GAAP earnings per share) on a fully diluted basis increased 47% to $0.22 compared to $0.15 per share during the fourth quarter of 2006;
Net income increased 63% to $4.5 million compared to $2.8 million during the fourth quarter of 2006.
EBITDA (a non GAAP measure; see attached schedule which reconciles to GAAP net income) increased 44% to $9.5 million compared to $6.6 million during the fourth quarter of 2006. EBITDA included GAAP non-cash stock compensation expense of approximately $1.7 million and $905,000 in the fourth quarter of 2007 and 2006, respectively;
Gross margin for services revenue, excluding reimbursable expenses, was 38.5% compared to 36.4% in the fourth quarter of 2006. Gross margin for services revenue excluding reimbursable expenses and stock compensation expense was 39.2% compared to 37.1% in the fourth quarter of 2006; and
Gross margin for software revenue was 15.4% compared to 15.6% in the fourth quarter of 2006.
For the year ended December 31, 2007:


Revenue increased 36% to $218.1 million compared to $160.9 million during 2006;
Services revenue, excluding reimbursable expenses, increased 39% to $191.4 million compared to $137.7 million during 2006;
Earnings per share on a fully diluted basis increased 54% to $0.54 compared to $0.35 per share during 2006.
Non-GAAP earnings per share (formerly called cash earnings per share or Cash EPS; see attached schedule which reconciles to GAAP earnings per share) on a fully diluted basis increased 50% to $0.78 compared to $0.52 per share during 2006;
Net income increased 70% to $16.2 million compared to $9.6 million during 2006.
EBITDA (a non GAAP measure; see attached schedule which reconciles to GAAP net income) increased 57% to $33.7 million compared to $21.5 million during 2006. EBITDA included GAAP non-cash stock compensation expense of approximately $6.1 million and $3.1 million for the years ended December 31, 2007 and 2006, respectively;
Gross margin for services, excluding reimbursable expenses, revenue was 38.4% compared to 37.3% during 2006. Gross margin for services revenue excluding reimbursable expenses and stock compensation expense was 39.1% compared to 38.1% in the fourth quarter of 2006; and
Gross margin for software revenue was 15.9% compared to 16.1% during 2006.
The Company's fourth quarter non-GAAP EPS exceeded analysts' consensus estimate, which was revised higher following the Company's raised and revised fourth quarter revenue guidance provided on January 9th, 2008.

"The fourth quarter was a solid close to a strong year," said Jack McDonald, Perficient's chairman and chief executive. "In 2007, we completed four acquisitions, delivered record earnings and cash flow and demonstrated strong performance across key operating metrics. We significantly strengthened our offshore capabilities, with new recruiting and delivery centers in India and China. Finally, even after funding the cash portion of our 2007 acquisitions, we ended the year with no debt and $50 million in borrowing capacity under our credit facility."

"Perficient continues to generate impressive cash flow and demonstrate its earnings power," said Jeffrey Davis, Perficient's president and chief operating officer. "We're benefiting from a solutions portfolio that is broader and stronger than ever while meaningful cross-selling synergies continue to emerge from the integration and assimilation of acquired businesses."

Other 2007 Highlights

Among other achievements in 2007, Perficient:

-- Completed the acquisitions of e-tech solutions, Inc., Tier1 Innovation, LLC, BoldTech Systems, Inc. and ePairs, Inc.;

-- Increased its offshore capabilities by adding a CMMI Level 4 certified Global Development Center in Hangzhou, China, as well as a resource recruiting facility in Chennai, India;

-- In the fourth quarter, added new customer relationships and follow-on projects with leading companies including: Abercrombie & Fitch, Acision, Avaya, Borders, Intel, Kaiser Permanente, Polycom, PSI, SYSCO, Time Warner Cable and many others;

-- For the second consecutive year management and its auditors issued a clean report on the Company's SOX process and internal controls;

-- Added 417 consulting colleagues during the year (83 on an organic basis);

--Was added to the S&P 600 Index;

--Received multiple high-growth awards including being recognized by Business 2.0 (#6 on 100 Fastest-Growing Technology Companies List), Fortune (#15 on Fortune 100 Fastest-Growers List), Fortune Small Business (#9 on FSB100 List), CRN (Fast Growth 100 List), Software Magazine (Software 500 List), Deloitte and Touche (Texas Fast 50 and North American 500 List), VARBusiness (VB500 and Fast 50 Lists);

-- Was named a 'Hidden Gem' by the Wall Street Journal;

-- Continued to increase investments in investor relations activities by presenting at multiple financial conferences and broadening analyst coverage; and

--Received IBM's Information Management North American Distinguished Partner of the Year Award.

Business Outlook

The following statements are based on current expectations. These statements are forward-looking and actual results may differ materially.

The company expects its first quarter 2008 services and software revenue, including reimbursed expenses, to be in the range of $54.8 million to $58.9 million, comprised of $53.8 million to $56.4 million of revenue from services including reimbursed expenses and $1 million to $2.5 million of revenue from sales of software. The guidance range of services revenue including reimbursed expenses would represent services revenue growth of 17% to 23% over the first quarter of 2007.

Conference Call Details

Perficient will host a conference call regarding fourth quarter and full year 2007 financial results today at 9:00 a.m. EST.

WHAT: Perficient Fourth Quarter and Full Year 2007 Results

WHEN: Tuesday, March 4, 2008, at 9:00 a.m. EST

CONFERENCE CALL NUMBERS: 888-680-0878 (U.S. and Canada) 617-213-4855 (International)

PARTICIPANT PASSCODE: 86840381

REPLAY TIMES: Tuesday, March 4, 2008, at 11:00 a.m. EST, through Tuesday, March 11, 2008

REPLAY NUMBER: 888-286-8010 (U.S. and Canada) 617-801-6888 (International)

REPLAY PASSCODE: 98657013

About Perficient

Perficient is a leading information technology consulting firm serving Global 2000 and enterprise customers throughout North America. Perficient's 1,500 professionals serve clients from a network of 18 offices in North America and three offshore locations, in Eastern Europe, India and China. Perficient helps clients use Internet-based technologies to improve productivity and competitiveness, strengthen relationships with customers, suppliers and partners and reduce information technology costs. Perficient, traded on the Nasdaq Global Select Market(SM), is a member of the Russell 2000® index and the S&P SmallCap 600 index. Perficient is an award-winning "Premier Level" IBM business partner, a TeamTIBCO partner, a Microsoft Gold Certified Partner, a Documentum Select Services Team Partner and an Oracle-Siebel partner. For more information, please visit www.perficient.com.
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not a very good reaction...... thus far. No position.