Luxoft Holding (LXFT) Tops Q2 EPS by 11c, Revenues Beat; Offers 3Q EPS/Revenue Guidance Below Consensus
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Luxoft Reports Results for Second Quarter Fiscal 2019
November 15, 2018 6:55 AM ESTLONDON, Nov. 15, 2018 (GLOBE NEWSWIRE) -- Luxoft Holding, Inc (NYSE: LXFT), a global IT service provider, today announced results for the three months ended September 30, 2018.
Highlights Three months ended September 30, 2018
Revenue of $228.4 million, up 0.2% year-over-year and up 7.3% sequentiallyNet income of $14.4 million, compared to $18.4 million in the year-ago quarter and diluted EPS of $0.43, compared to $0.54 in the year-ago quarterAdjusted EBITDA of $36.6 million and adjusted EBITDA margin of 16.0%, compared to $38.6 million and 16.9% in the year-ago quarterNon-GAAP diluted EPS of $0.74, compared to $0.82 in the year-ago quarterAs... More