Satyam Computer Services (SAY) Tops Q1 View; Guides Q2/FY09
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Satyam Computer Services Ltd. (NYSE: SAY) reports Q1 EPS of $0.38, 1 cent better than the analyst estimate of $0.37. Revenues for the quarter were $637.3 million, versus the consensus of $634.49 million.
Sees FY09 GAAP EPS of $1.45-$1.48, versus the consensus of $1.45, and sales in the range of $2.65-$2.69 billion, versus $2.72 billion. Q2 GAAP EPS are expected to be about $0.35, versus the Street estimate of $0.33. Revs for the quarter are expected to be in the range of $645.6-$651.9 million, versus $661.34 million.
Satyam Computer Services Limited provides information technology services and business process outsourcing (BPO) services in North America, Europe, the Asia Pacific, the Middle-East, Australia, Africa, and South America.
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