Edition:
United Kingdom

Virtusa Corp (VRTU.OQ)

VRTU.OQ on NASDAQ Stock Exchange Global Select Market

48.43USD
22 Jun 2018
Change (% chg)

$-0.51 (-1.04%)
Prev Close
$48.94
Open
$49.05
Day's High
$49.36
Day's Low
$47.61
Volume
278,809
Avg. Vol
83,081
52-wk High
$54.02
52-wk Low
$28.45

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

BRIEF-Virtusa Expands Digital Engineering Capabilities With The Acquisition Of Etouch

* VIRTUSA EXPANDS DIGITAL ENGINEERING CAPABILITIES WITH THE ACQUISITION OF ETOUCH