Syntel, Inc. (SYNT) Tops Q2 EPS by 19c; Boosts FY14 Outlook

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Go back to Syntel, Inc. (SYNT) Tops Q2 EPS by 19c; Boosts FY14 Outlook

Syntel Reports Second Quarter 2014 Financial Results

July 17, 2014 8:30 AM EDT

Highlights:

Q2 revenue of $228.3M, up 13% from year-ago quarter, 4% sequentially Q2 EPS of $1.41 per diluted share, up 24% from year-ago quarter, 2% sequentially Q2 cash & short term investments of $769.8M Global Headcount of 24,122 on June 30, 2014, up 5% versus prior year

TROY, Mich., July 17, 2014 (GLOBE NEWSWIRE) -- Syntel, Inc. (Nasdaq: SYNT), a global provider of digital transformation, information technology and knowledge process services to Global 2000 companies, today announced financial results for the second quarter, ended June 30, 2014.

Second Quarter Financial Highlights

Syntel's revenue for the second quarter increased... More