Virtusa (VRTU) Misses Q4 EPS by 2c, Offers Q1 & FY Guidance

Virtusa (NASDAQ: VRTU) reported Q4 EPS of $0.43, $0.02 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $226 million versus the consensus estimate of $226.76 million.

Virtusa management provided the following current financial guidance:

• First quarter fiscal 2018 revenue is expected to be in the range of $222.5 to $227.5 million. GAAP diluted EPS is expected to be in the range of $0.07 to $0.13. Non-GAAP diluted EPS is expected to be in the range of $0.24 to $0.30.
• Fiscal year 2018 revenue is expected to be in the range of $920.0 to $950.0 million. GAAP diluted EPS is expected to be in the range of $0.81 to $1.07. Non-GAAP diluted EPS is expected to be in the range of $1.42 to $1.66.

(Street sees Q1 EPS of 36c on revenue of $224.3 million and FY EPS of $1.84 on revenue of $939 million.

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

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