---
schema_version: "secwatch.filing_event.v1"
accession: "0001085869-24-000080"
form_type: "8-K"
ticker: null
cik: "0001085869"
company_name: "PERFICIENT INC"
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T21:40:55.819587+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Perficient to be acquired by EQT for ~$3B; Q1 revenue down 7% to $215M

## Summary
- Definitive agreement to be acquired by EQT affiliate for ~$3.0 billion; provides certain cash value for PRFT shareholders.
- Q1 revenue $215.3M (-7% YoY); GAAP EPS $0.33 (-56%); adjusted EPS $0.77 (-26%).
- Net income $11.6M (-57%); Adjusted EBITDA $36.5M (-27%).
- Withdraws 2024 financial guidance and suspends updates due to pending transaction; no earnings call.

## SEC filing metadata
- accession: 0001085869-24-000080
- form_type: 8-K
- cik: 0001085869
- company_name: PERFICIENT INC
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1085869/000108586924000080/0001085869-24-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1085869/000108586924000080/prft-20240505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001085869-24-000080
- JSON: https://secwatch.observer/filing/0001085869-24-000080.json
- Plain text: https://secwatch.observer/filing/0001085869-24-000080.txt

## Key facts
- Earnings Releases
  PERFICIENT INC reported for the quarter ended March 31, 2024 results: revenue $215.3 million, net income $11.6 million, EPS $0.33.
  - Period: for the quarter ended March 31, 2024
  - Revenue: $215.3 million
  - Net income: $11.6 million
  - EPS: $0.33
  - Result: reported results
  source text: Revenues decreased 7% to $215.3 million from $231.4 million in the first quarter of 2023; • Net income decreased 57% to $11.6 million, compared to $26.8 million in the first quarter of 2023; • GAAP earnings per share results on a fully diluted basis decreased 56% to $0.33 from $0.75 in the first quarter of 2023;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1085869/000108586924000080/0001085869-24-000080-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.