United States Securities and Exchange Commission Washington, DC 20549 Form 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): August 1, 2019 PERFICIENT, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 001-15169 74-2853258 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.) 555 Maryville University Drive, Suite 600, Saint Louis, Missouri 63141 (Address of Principal Executive Offices) (Zip Code) Registrant’s telephone number, including area code (314) 529-3600 Not Applicable (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.001 par value PRFT The Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION On August 1, 2019, Perficient, Inc. (“Perficient”) announced its financial results for the three and six months ended June 30, 2019. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 2.02. In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall such information and Exhibit be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. ITEM 8.01 OTHER EVENTS On August 1, 2019, Perficient posted on the Investor Relations page of its website at www.perficient.com a slide presentation related to its second quarter ended June 30, 2019 financial results and operating metrics. A copy of the slide presentation is furnished as Exhibit 99.2 to this Current Report on Form 8-K. The information contained or incorporated in our website is not part of this filing. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits. Exhibit Number Description 99.1 Perficient, Inc. Press Release, dated August 1, 2019, announcing financial results for the three and six months ended June 30, 2019 99.2 Perficient, Inc. Q2 2019 Financial Results Presentation SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PERFICIENT, INC. Date: August 1, 2019 By: /s/ Paul E. Martin Paul E. Martin Chief Financial Officer EXHIBIT 99.1 For more information, please contact: Bill Davis, Perficient, 314-529-3555 [email protected] PERFICIENT REPORTS SECOND QUARTER 2019 RESULTS ~Company Raises Full-Year Earnings Guidance~ ST. LOUIS (August 1, 2019) - Perficient, Inc. (NASDAQ: PRFT) (“Perficient”), the leading digital transformation consulting firm serving Global 2000® and other large enterprise customers throughout North America, today reported its financial results for the quarter ended June 30, 2019. Financial Highlights For the quarter ended June 30, 2019: • Services revenue increased 17% to $141.2 million from $120.9 million in the second quarter of 2018; • Total revenue increased 16% to $141.9 million from $121.8 million in the second quarter of 2018; • Net income increased 46% to $8.5 million from $5.8 million in the second quarter of 2018; • GAAP earnings per share results on a fully diluted basis increased 59% to $0.27 from $0.17 in the second quarter of 2018; • Adjusted earnings per share results (a non-GAAP measure; see attached schedule, which reconciles to GAAP earnings per share) on a fully diluted basis increased 37% to $0.52 from $0.38 in the second quarter of 2018; and • EBITDAS (a non-GAAP measure; see attached schedule, which reconciles to GAAP net income) increased 28% to $23.6 million from $18.4 million in the second quarter of 2018. “During the second quarter, our growth accelerated as we continued to gain and grow customers, while taking share from competitors,” said Jeffrey Davis, chairman and CEO. “We're delivering innovative and impactful digital transformation solutions to the world's biggest brands and global enterprises that increasingly perceive Perficient as a strategic and trusted advisor - a consulting partner with end-to-end capabilities, well-suited for what's now and what's next.” Other Highlights Among other recent achievements, Perficient: • Broadened and deepened its Salesforce consulting capabilities with the acquisition of Sundog Interactive, Inc., a $14 million marketing and technology consulting firm that delivers Salesforce solutions for the world’s leading manufacturers; • Was named a Top Workplace by the St. Louis Post-Dispatch, Best Place to Work by the Orange County Business Journal, a Best & Brightest Company to work for in Chicago and a National Standard Top Workplace by the Minneapolis Star Tribune, further solidifying the company’s position as a top rated employer of choice for colleagues; • Rang the Nasdaq closing bell in New York’s Times Square, in celebration of 20 years of trading on the stock exchange, the significant milestones the company has achieved, and an exciting future of continued momentum and success; and • Added new customer relationships and follow-on projects with leading companies including Ashley Furniture, Blue Cross Blue Shield of Michigan, Blue Cross Blue Shield of North Dakota, Cedars-Sinai Medical Center, Centene Corporation, DTCC, First National Bank of Omaha, M&T Bank, NASCO, Nike, TD Ameritrade, and Trinity Health. Business Outlook The following statements are based on current expectations. These statements are forward-looking and actual results may differ materially. See “Safe Harbor Statement” below. Perficient expects its third quarter 2019 revenue to be in the range of $140 million to $145 million. Third quarter GAAP earnings per share is expected to be in the range of $0.26 to $0.29. Third quarter adjusted earnings per share (a non- GAAP measure; see attached schedule which reconciles to GAAP earnings per share guidance) is expected to be in the range of $0.50 to $0.53. Perficient is adjusting and narrowing its full year 2019 revenue guidance range to $553 million to $568 million from the previously provided range of $545 million to $570 million, raising its 2019 GAAP earnings per share guidance range to $1.02 to $1.12 from $0.90 to $1.02 and raising its 2019 adjusted earnings per share (a non-GAAP measure; see attached schedule which reconciles to GAAP earnings per share guidance) guidance range to $1.94 to $2.04 from $1.82 to $1.94. Conference Call Details Perficient will host a conference call regarding second quarter 2019 financial results today at 11 a.m. Eastern. WHAT: Perficient Reports Second Quarter 2019 Results WHEN: Thursday, August 1, 2019 at 11 a.m. Eastern CONFERENCE CALL NUMBERS: 855-246-0403 (U.S. and Canada); 414-238-9806 (International) PARTICIPANT PASSCODE: 2696286 REPLAY TIMES: Thursday, August 1, 2019, at 2 p.m. Eastern, through Thursday, August 8, 2019, at 2 p.m. Eastern REPLAY NUMBER: 855-859-2056 (U.S. and Canada); 404-537-3406 (International) REPLAY PASSCODE: 2696286 About Perficient Perficient is the leading digital transformation consulting firm serving Global 2000® and enterprise customers throughout North America. With unparalleled information technology, management consulting, and creative capabilities, Perficient and its Perficient Digital agency deliver vision, execution, and value with outstanding digital experience, business optimization, and industry solutions. Our work enables clients to improve productivity and competitiveness; grow and strengthen relationships with customers, suppliers, and partners; and reduce costs. Perficient’s professionals serve clients from a network of offices across North America and offshore locations in India and China. Traded on the Nasdaq Global Select Market, Perficient is a member of the Russell 2000 index and the S&P SmallCap 600 index. Perficient is an award-winning Adobe Premier Partner, Platinum Level IBM business partner, a Microsoft National Service Provider and Gold Certified Partner, an Oracle Platinum Partner, an Advanced Pivotal Ready Partner, a Gold Salesforce Consulting Partner, and a Sitecore Platinum Partner. For more information, visit www.perficient.com. Safe Harbor Statement Some of the statements contained in this news release that are not purely historical statements discuss future expectations or state other forward-looking information related to financial results and business outlook for 2019.