Syntel, Inc. (SYNT) Tops Q3 EPS by 17c; Guides FY EPS Above the Street

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Syntel Reports Third Quarter 2015 Financial Results

October 21, 2015 8:31 AM EDT

Highlights:

Q3 revenue of $253.6M, up 11% from year-ago quarter and 6% sequentially Q3 EPS of $0.92 per diluted share, up 26% from year-ago quarter, and 28% sequentially Q3 cash & short term investments of $980.5M Global Headcount of 23,814 on September 30, 2015, down 2% from year-ago quarter, up 4% sequentially

TROY, Mich., Oct. 21, 2015 (GLOBE NEWSWIRE) -- Syntel, Inc. (Nasdaq: SYNT), a global provider of digital transformation, information technology and knowledge process services to Global 2000 companies, today announced financial results for the third quarter, ended September 30, 2015.

Third Quarter Financial... More