Virtusa (VRTU) Misses Q1 EPS by 2c, Beats on Revenues; Offers 1Q18 & FY18 Revenues Above Consensus

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Go back to Virtusa (VRTU) Misses Q1 EPS by 2c, Beats on Revenues; Offers 1Q18 & FY18 Revenues Above Consensus

Needham & Co. Reiterates Buy Rating & $38 PT on Virtusa (VRTU) Following 2Q Report; 'Revenue Guidance Raised, Compelling Risk-Reward'

August 8, 2017 12:51 PM EDT

Needham & Company reiterates Buy rating and $38 price target on Virtusa (NASDAQ: VRTU), following the company's second quarter report.

Analyst Mayank Tandon suggests the company is off to a positive start for FY18, as management produced upside on revenues, while generating margin improve,... More