Luxoft Holding (LXFT) Reports In-Line Q4 EPS

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Luxoft Holding, Inc Reports Results for Fourth Quarter and Full-Year 2018

May 24, 2018 6:55 AM EDT

LONDON--(BUSINESS WIRE)-- Luxoft Holding Inc (NYSE: LXFT), a global IT service provider, today announced results for the three months and full fiscal year ended March 31, 2018.

Fourth Quarter FY2018 Highlights

Revenue of $232.9 million, up 14.1% year-over-year and down 1.6% sequentially Adjusted EBITDA of $29.4 million and adjusted EBITDA margin of 12.6%, compared to $29.2 million and 14.3% in the year-ago quarter GAAP net income of $11.7 million, down 14.8% year-over-year Non-GAAP net income of $20.5 million, down 4.8% from $21.5 million in the year-ago quarter... More