Luxoft Holding (LXFT) Tops Q3 EPS by 7c, Lowers FY EPS Guidance
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Luxoft Holding, Inc Reports Results for Third Quarter FY2018
February 13, 2018 4:45 PM ESTLONDON--(BUSINESS WIRE)-- Luxoft Holding Inc (NYSE: LXFT), a global IT service provider, today announced results for the three months ended December 31, 2017.
Third Quarter FY2018 Highlights
Revenue of $236.6 million, up 14.3% year-over-year and up 3.8% sequentially Adjusted EBITDA of $40.0 million and adjusted EBITDA margin of 16.9%, compared to $37.5 million and 18.1% in the year-ago quarter GAAP net income of $20.6 million, up 10.9% year-over-year and up 11.4% sequentially Non-GAAP net income of $30.5 million, up 9.0% from $27.9 million in the year-ago quarter and up 8.7% from $28.0 million last quarter... More