Virtusa (VRTU) Tops Q3 EPS by 2c, Revenues Miss; Offers Q4 & FY20 EPS Outlook Above Consensus

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Virtusa Announces Third Quarter Fiscal 2020 Consolidated Financial Results

February 6, 2020 4:05 PM EST

Third quarter fiscal 2020 revenue of $335.1 million increased 2.0% sequentially and 6.5% year-over-year. Third quarter fiscal 2020 GAAP diluted EPS of $0.38. Non-GAAP diluted EPS of $0.78. Third quarter fiscal 2020 GAAP operating income of $30.4 million. Non-GAAP operating income of $40.5 million. Cash provided by operating activities of $50.7 million, representing 15.1% of revenue.

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