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Syntel Inc (SYNT.OQ)

SYNT.OQ on NASDAQ Stock Exchange Global Select Market

40.74USD
16 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Syntel Q2 Earnings Per Share $0.49
Thursday, 26 Jul 2018 

July 26 (Reuters) - Syntel Inc ::SYNTEL REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.Q2 EARNINGS PER SHARE $0.49.Q2 REVENUE $249.7 MILLION VERSUS I/B/E/S VIEW $233.1 MILLION.Q2 EARNINGS PER SHARE VIEW $0.44 -- THOMSON REUTERS I/B/E/S.IN LIGHT OF THE ANNOUNCED DEFINITIVE MERGER AGREEMENT WITH ATOS S.E., CO WILL NOT BE PROVIDING FURTHER UPDATES TO ITS FINANCIAL GUIDANCE.  Full Article

Atos To Acquire Syntel
Sunday, 22 Jul 2018 

July 22 (Reuters) - Atos ::ATOS TO ACQUIRE SYNTEL.THE TRANSACTION IS EXPECTED TO BE DOUBLE DIGIT ACCRETIVE TO GROUP EPS AS EARLY AS 2019.ACQUISITION WILL BE FINANCED THROUGH DEBT FULLY UNDERWRITTEN BY BNP PARIBAS AND J.P. MORGAN SECURITIES PLC.DEBT WILL BE USED TO FUND THE PURCHASE CASH CONSIDERATION TOGETHER WITH REFINANCING OF OUTSTANDING DEBT.RAKESH KHANNA CEO OF SYNTEL WILL BECOME A MEMBER OF ATOS EXECUTIVE COMMITTEE.  Full Article

Syntel Agrees To Be Acquired By Atos for about $3.57 bln
Sunday, 22 Jul 2018 

July 22 (Reuters) - Syntel Inc ::SYNTEL ENTERS DEFINITIVE AGREEMENT TO BE ACQUIRED BY ATOS S.E..UNDER AGREEMENT ATOS WILL ACQUIRE ALL OUTSTANDING SHARES OF SYNTEL FOR $41.00 PER SHARE IN AN ALL-CASH TRANSACTION VALUED AT ABOUT $3.57 BILLION.TRANSACTION WAS UNANIMOUSLY APPROVED BY FULL BOARD OF DIRECTORS OF SYNTEL BASED ON UNANIMOUS RECOMMENDATION OF A SPECIAL COMMITTEE OF BOARD.TRANSACTION VALUED AT APPROXIMATELY $3.57 BILLION INCLUDES SYNTEL’S NET DEBT.FOR THE SECOND QUARTER, SYNTEL EXPECTS TO REPORT REVENUE OF $249.7 MILLION AND EARNINGS PER DILUTED SHARE OF $0.49.  Full Article

Syntel Q1 Earnings Per Share $0.55
Thursday, 19 Apr 2018 

April 19 (Reuters) - Syntel Inc ::SYNTEL REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS.Q1 EARNINGS PER SHARE $0.55.Q1 EARNINGS PER SHARE VIEW $0.44 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 EARNINGS PER SHARE $1.76 TO $1.96.SEES FY 2018 REVENUE $920 MILLION TO $960 MILLION.Q1 REVENUE $245.3 MILLION VERSUS I/B/E/S VIEW $226.3 MILLION.FY2018 EARNINGS PER SHARE VIEW $1.86, REVENUE VIEW $929.2 MILLION -- THOMSON REUTERS I/B/E/S.Q1 REVENUE VIEW $226.3 MILLION -- THOMSON REUTERS I/B/E/S.GLOBAL HEADCOUNT OF 22,571 AS ON MARCH 31, 2018, VERSUS 22,795 IN YEAR-AGO QUARTER.  Full Article

Syntel Inc Q3 earnings per share $0.58
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Syntel Inc :Syntel reports third quarter 2017 financial results.Q3 earnings per share $0.58.Q3 revenue $231.3 million versus I/B/E/S view $217.5 million.Q3 earnings per share view $0.42 -- Thomson Reuters I/B/E/S.Sees FY 2017 earnings per share $1.81 to $1.88.Sees FY 2017 revenue $890 million to $902 million.Fy2017 earnings per share view $1.72, revenue view $883.4 million -- Thomson Reuters I/B/E/S.  Full Article

Syntel appoints Rakesh Khanna interim CEO
Friday, 4 Nov 2016 

Syntel Inc : Syntel announces leadership changes .Appointment of Rakesh Khanna, formerly chief operating officer, as interim chief executive officer.  Full Article

Deals of the day-Mergers and acquisitions

July 23 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: