Majesco (MJCO) Reports Q4 Loss of $0.04 Per Share

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Majesco Announces Fiscal 2016 Year-End Financial Results

May 10, 2016 4:15 PM EDT

Fourth Quarter Revenue up 48.8%

Fiscal 2016 Revenue up 42.9%

Year End Order Backlog up 14.1% sequentially to $71.9 Million

MORRISTOWN, N.J.--(BUSINESS WIRE)-- Majesco, a global provider of core insurance software, consulting and services for insurance business transformation, today announced its financial results for the fiscal 2016 fourth quarter and fiscal year ended March 31, 2016.

Fiscal 2016 has created a solid foundation and path to scale our business plan with significant progress across all key performance indicators, commented Ketan Mehta, CEO and Co-Founder. As we have... More