Virtusa (VRTU) Reports In-Line Q1 EPS

Virtusa (NASDAQ: VRTU) reported Q1 EPS of $0.34, in-line with the analyst estimate of $0.34. Revenue for the quarter came in at $134.8 million versus the consensus estimate of $134.24 million.

Virtusa sees Q2 2016 GAAP EPS of $0.33-$0.34, versus the consensus of $0.38. Virtusa sees Q2 2016 revenue of $140.3-143.3 million, versus the consensus of $142.7 million. Non-GAAP diluted EPS is expected to be in the range of $0.47 to $0.49.

Virtusa sees FY2016 GAAP EPS of $1.53-$1.65, versus prior guidance of $582.00-$594.00 and the consensus of $1.61. Virtusa sees FY2016 revenue of $580.42 million. Non-GAAP diluted EPS is expected to be in the range of $2.13 to $2.25.

For earnings history and earnings-related data on Virtusa (VRTU) click here.

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