Edition:
India

Virtusa Corp (VRTU.OQ)

VRTU.OQ on NASDAQ Stock Exchange Global Select Market

46.74USD
17 Nov 2017
Change (% chg)

$1.05 (+2.30%)
Prev Close
$45.69
Open
$45.71
Day's High
$47.00
Day's Low
$45.48
Volume
68,653
Avg. Vol
67,150
52-wk High
$47.19
52-wk Low
$19.50

Latest Key Developments (Source: Significant Developments)

Virtusa says Q2 GAAP earnings per share $0.12
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Virtusa Corp -:Virtusa announces second quarter 2018 consolidated financial results.Q2 non-GAAP earnings per share $0.35.Q2 GAAP earnings per share $0.12.Q2 revenue $248.2 million versus I/B/E/S view $237.2 million.Q2 earnings per share view $0.36 -- Thomson Reuters I/B/E/S.Sees Q3 2018 non-GAAP earnings per share $0.41 to $0.47.Sees FY 2018 non-GAAP earnings per share $1.50 to $1.62.Sees Q3 2018 GAAP earnings per share $0.21 to $0.27.Sees FY 2018 revenue $998 million to $1.011 billion.Sees Q3 2018 revenue $256 million to $262 million.Virtusa Corp - ‍anticipates a total restructuring charge of $0.7 million in second half of fiscal year 2018 related to resource optimization initiatives​.Virtusa Corp - ‍FY 2018 GAAP diluted EPS is expected to be in range of $0.73 to $0.85​.  Full Article

Virtusa Q1 earnings $0.18/shr excluding items
Tuesday, 9 Aug 2016 

Virtusa Corp : Q1 gaap loss per share $0.21 . Q1 earnings per share view $0.16 -- Thomson Reuters I/B/E/S . Sees q2 2017 non-gaap earnings per share $0.26 to $0.30 . Sees fy 2017 gaap earnings per share $0.61 to $0.75 . Sees fy 2017 revenue $850 million to $870 million . Virtusa announces first quarter 2017 consolidated financial results . Q1 non-gaap earnings per share $0.18 excluding items . Q1 revenue $205.5 million versus i/b/e/s view $203.8 million . Sees q2 2017 gaap earnings per share $0.01 to $0.05 . Sees q2 2017 revenue $206.5 million to $211.5 million . Integration of polaris consulting & services, ltd. Remains on track. .Revised fiscal 2017 guidance reflects isolated delays in decision making and new project starts across our insurance, telecom and banking clients.  Full Article

Virtusa says co purchased multiple foreign currency forward contracts - SEC filing
Thursday, 21 Jul 2016 

Virtusa Corp : Says on July 18, co purchased multiple foreign currency forward contracts designed to hedge fluctuation in Indian rupee against U.K. pound sterling . U.K. pound sterling contracts have notional amount of about 310.5 million Indian rupees and have an average settlement rate of 92.70 Indian rupees .Says contracts will expire at various dates during the 15 month period ending on September 30, 2017.  Full Article

Virtusa sees FY 2017 revenue $890 mln-$920 mln
Monday, 16 May 2016 

Virtusa Corp Sees Fy 2017 Non : Q1 earnings per share view $0.48, revenue view $222.4 million -- Thomson Reuters I/B/E/S . Fy2017 revenue view $932.8 million -- Thomson Reuters I/B/E/S . Gaap diluted eps is expected to be in range of $2.10 to $2.30 . Q4 earnings per share view $0.44, revenue view $170.8 million -- Thomson Reuters I/B/E/S . Fy2017 earnings per share view $2.31 -- Thomson Reuters I/B/E/S . Virtusa announces fourth quarter and full fiscal year 2016 consolidated financial results . Q4 non-gaap earnings per share $0.55 excluding items . Q4 gaap earnings per share $0.41 . Q4 revenue $171.9 million versus i/b/e/s view $170.8 million . Q4 earnings per share view $0.44 -- Thomson Reuters I/B/E/S . Sees q1 2017 non-gaap earnings per share $0.14 to $0.18 . Sees q1 2017 revenue $202.5 million to $207.5 million .Sees fy 2017 revenue $890 million to $920 million.  Full Article

Virtusa Corp gives Q4, FY 2016 guidance
Monday, 8 Feb 2016 

Virtusa Corp:Expects Q4 2016 revenue to be in the range of $172.0 to $175.0 million.Expects Q4 2016 GAAP diluted EPS to be in the range of $(0.01) to $0.01.Expects Q4 2016 non-GAAP diluted EPS to be in the range of $0.44 to $0.46.Expects FY 2016 revenue to be in the range of $600.4 to $603.4 million.Expects FY 2016 GAAP diluted EPS to be in the range of $1.07 to $1.09.Expects FY 2016 Non-GAAP diluted EPS to be in the range of $1.96 to $1.98.  Full Article

BRIEF-VIRTUSA PARTNERS WITH SAP TO BUILD INDUSTRY-FOCUSED SOLUTIONS FOR SAP S/4HANA CLOUD

* VIRTUSA PARTNERS WITH SAP TO BUILD INDUSTRY-FOCUSED SOLUTIONS FOR SAP S/4HANA CLOUD Source text for Eikon: Further company coverage: