Virtusa Announces First Quarter Fiscal 2020 Consolidated Financial Results
VIRTUSA (VRTU)
Last virtusa earnings: 2/6 04:05 pm
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US:NASDAQ Investor Relations:
virtusa.com/investors/company-overview
Company Research
Source: Business Wire
First quarter fiscal 2020 revenue of $319.0 million. First quarter fiscal 2020 GAAP diluted EPS of $0.15. Non-GAAP diluted EPS of $0.41. First quarter fiscal 2020 GAAP operating income of $13.4 million. Non-GAAP operating income of $24.2 million. Announces $30 million share repurchase program. SOUTHBOROUGH, Mass.--(BUSINESS WIRE)--Virtusa Corporation (NASDAQ GS: VRTU), a global provider of digital engineering and IT outsourcing services that accelerate business outcomes for its clients, today reported consolidated financial results for the first quarter fiscal 2020, ended June 30, 2019.First Quarter Fiscal 2020 Consolidated Financial ResultsRevenue for the first quarter of fiscal 2020 was $319.0 million, a decrease of 2.6% sequentially and an increase of 6.3% year-over-year. On a constant currency basis, (1) first quarter revenue decreased 2.3% sequentially and increased 7.3% year-over-year.Virtusa reported GAAP income from operations of $13.4 million for the first quarter of fisca
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