Virtusa (VRTU) Tops Q2 EPS by 16c, Offers Guidance

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Virtusa Announces Second Quarter Fiscal 2016 Consolidated Financial Results

November 4, 2015 6:30 AM EST

Second quarter fiscal 2016 revenue of $143 million increased 6% sequentially and 21% year-over-year. Second quarter fiscal 2016 diluted EPS on a GAAP basis was $0.37, compared to $0.34 in the year ago period. Generated $17 million of cash from operating activities during the second quarter of fiscal 2016. Commenced work with nine new clients in the quarter.

WESTBOROUGH, Mass.--(BUSINESS WIRE)-- Virtusa... More