Syntel, Inc. (SYNT) Tops Q2 EPS by 7c

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Syntel Reports Second Quarter 2016 Financial Results

July 21, 2016 8:31 AM EDT

Highlights:                               

Q2 revenue of $246M, up 3% from year-ago quarter, and 2% sequentially Q2 EPS of $0.70 per diluted share, down 3% from year-ago quarter, and up 11% sequentially Q2 cash & short term investments of $1.1B Global Headcount of 23,773 on June 30, 2016, versus 23,006 in the year ago quarter

TROY, Mich., July 21, 2016 (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 second quarter, ended June 30, 2016.

Second Quarter Financial Highlights

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