Luxoft Holding (LXFT) Tops Q1 EPS by 10c, Offers Outlook

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Luxoft Reports Results for First Quarter Fiscal 2019

August 15, 2018 7:40 AM EDT

LONDON, UK / ACCESSWIRE / August 15, 2018 / Luxoft Holding Inc. (NYSE: LXFT), a global IT service provider, today announced results for the three months ended June 30, 2018.

Highlights - Three Months Ended June 30, 2018

Revenue of $212.8 million, up 1.7% year-over-year and down 8.6% sequentially. FX headwinds had negative impact of $5.3 million or 2.5% compared to previous quarter Adjusted EBITDA of $23.8 million and adjusted EBITDA margin of 11.2%, compared to $26.4 million and 12.6% in the year-ago quarter Diluted GAAP EPS of $0.14, compared to $0.18 in the year-ago quarter Non-GAAP... More