Virtusa (VRTU) Reports In-Line Q2 EPS, Slight Miss on Revenues; Offers FY19 EPS/Revenue Outlook

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Go back to Virtusa (VRTU) Reports In-Line Q2 EPS, Slight Miss on Revenues; Offers FY19 EPS/Revenue Outlook

Virtusa Announces Second Quarter Fiscal 2019 Consolidated Financial Results

November 8, 2018 4:05 PM EST

Second quarter fiscal 2019 revenue of $305.5 million increased 1.8% sequentially and 23.1% year-over-year. Second quarter fiscal 2019 GAAP diluted EPS of $0.01. Non-GAAP diluted EPS of $0.54, up 54.3% year-over-year. Second quarter fiscal 2019 GAAP operating income of $14.0 million. Non-GAAP operating income of $29.0 million, up 46.5% year-over-year. Second quarter fiscal 2019 operating cash flow of $40.0 million, representing 13.1% of revenue.

SOUTHBOROUGH, Mass.--(BUSINESS WIRE)--... More