Majesco (MJCO) Reports Q3 EPS of $0.01

Majesco (NYSE: MJCO) reported Q3 EPS of $0.01. Revenue for the quarter came in at $30 million versus the consensus estimate of $29.6 million.

“We believe our growth opportunity for cloud based solutions is significant and is across all tiers and types of insurance carriers. Majesco’s compelling cloud offering and track record of successfully delivering speed to value and business model transformation positions the company to lead this trend. We continue to invest in our cloud based solution and I am pleased that we expanded our customer relationships with two customers for software in the cloud this quarter,” concluded Mr. Mehta.

For earnings history and earnings-related data on Majesco (MJCO) click here.

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