 HOLON, Israel, Aug. 4, 2021 PRNewswire -- Sapiens International Corporation , NASDAQ: SPNS TASE: SPNS, a leading global provider of software solutions for the insurance industry, today announced its financial results for the second quarter ended June 30, 2021. Summary Results for Second Quarter 2021 USD in millions, except per share data GAAP Non-GAAP June 30, 2021 June 30, 2020 Change June 30, 2021 June 30, 2020 Change Revenue 114.4 93.1 22.9 115.0 93.1 23.6 Gross Profit 46.6 38.3 21.9 51.7 41.9 23.4 Gross Margin 40.8 41.1 30 bps 45.0 45.0 - Operating Income 13.2 12.4 6.2 19.8 16.8 17.9 Operating Margin 11.5 13.3 180 bps 17.2 18.0 80 bps Net Income 10.4 9.3 11.9 16.0 13.3 19.7 Diluted EPS 0.19 0.18 5.6 0.29 0.26 11.5 Attributable to Sapiens shareholders. 