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Virtusa Corp (VRTU.OQ)

VRTU.OQ on NASDAQ Stock Exchange Global Select Market

36.99USD
23 Aug 2019
Change (% chg)

$0.53 (+1.45%)
Prev Close
$36.46
Open
$36.23
Day's High
$37.54
Day's Low
$36.07
Volume
153,280
Avg. Vol
62,583
52-wk High
$58.46
52-wk Low
$31.99

Latest Key Developments (Source: Significant Developments)

Virtusa Q1 Gaap Earnings Per Share $0.15
Thursday, 8 Aug 2019 04:05pm EDT 

Aug 8 (Reuters) - Virtusa Corp ::VIRTUSA ANNOUNCES FIRST QUARTER FISCAL 2020 CONSOLIDATED FINANCIAL RESULTS.Q1 NON-GAAP EARNINGS PER SHARE $0.41.Q1 GAAP EARNINGS PER SHARE $0.15.Q1 REVENUE $319 MILLION VERSUS REFINITIV IBES ESTIMATE OF $317.6 MILLION.SEES FY 2020 NON-GAAP EARNINGS PER SHARE $2.45 TO $2.65.SEES Q2 2020 NON-GAAP EARNINGS PER SHARE $0.49 TO $0.55.SEES Q2 2020 GAAP EARNINGS PER SHARE $0.22 TO $0.28.SEES Q2 2020 REVENUE $323 MILLION TO $331 MILLION.SEES FY 2020 REVENUE $1.326 BILLION TO $1.354 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.40 -- REFINITIV IBES DATA.ANNOUNCES $30 MILLION SHARE REPURCHASE PROGRAM.REPURCHASES WILL BE FINANCED PRIMARILY THROUGH COMPANY'S EXISTING CREDIT FACILITY AS WELL AS CASH ON HAND.Q1 EARNINGS PER SHARE VIEW $0.40, REVENUE VIEW $317.6 MILLION -- REFINITIV IBES DATA.FY2020 EARNINGS PER SHARE VIEW $2.68, REVENUE VIEW $1.37 BILLION -- REFINITIV IBES DATA.  Full Article

Virtusa Announces Q4 Earnings Per Share $0.24
Wednesday, 15 May 2019 04:05pm EDT 

May 15 (Reuters) - Virtusa Corp ::VIRTUSA ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2019 CONSOLIDATED FINANCIAL RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $0.46.Q4 GAAP EARNINGS PER SHARE $0.24.Q4 REVENUE $327.6 MILLION VERSUS REFINITIV IBES ESTIMATE OF $330.9 MILLION.SEES Q1 2020 NON-GAAP EARNINGS PER SHARE $0.37 TO $0.43.SEES Q1 2020 GAAP EARNINGS PER SHARE $0.11 TO $0.16.SEES Q1 2020 REVENUE $313 MILLION TO $321 MILLION.SEES FY 2020 REVENUE $1.359 BILLION TO $1.399 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.62 -- REFINITIV IBES DATA.Q1 REVENUE VIEW $334.4 MILLION -- REFINITIV IBES DATA.FY2020 REVENUE VIEW $1.40 BILLION -- REFINITIV IBES DATA.FISCAL YEAR 2020 GAAP DILUTED EPS IS EXPECTED TO BE IN RANGE OF $1.53 TO $1.76.FISCAL YEAR 2020 NON-GAAP DILUTED EPS IS EXPECTED TO BE IN RANGE OF $2.58 TO $2.82.  Full Article

Virtusa Reports Q2 Non-GAAP Earnings Per Share Of $0.54
Thursday, 8 Nov 2018 04:05pm EST 

Nov 8 (Reuters) - Virtusa Corp ::VIRTUSA ANNOUNCES SECOND QUARTER FISCAL 2019 CONSOLIDATED FINANCIAL RESULTS.Q2 NON-GAAP EARNINGS PER SHARE $0.54.Q2 GAAP EARNINGS PER SHARE $0.01.Q2 REVENUE $305.5 MILLION VERSUS I/B/E/S VIEW $306.3 MILLION.SEES Q3 2019 NON-GAAP EARNINGS PER SHARE $0.56 TO $0.62.SEES Q3 2019 GAAP EARNINGS PER SHARE $0.12 TO $0.16.SEES FY 2019 REVENUE $1.241 BILLION TO $1.259 BILLION.SEES Q3 2019 REVENUE $308 MILLION TO $316 MILLION.Q2 EARNINGS PER SHARE VIEW $0.54 -- THOMSON REUTERS I/B/E/S.SEES FY 2019 GAAP DILUTED EPS IN RANGE OF $0.09 TO $0.17.SEES FY 2019 NON GAAP DILUTED EPS IN RANGE OF $2.19 TO $2.31.FY2019 EARNINGS PER SHARE VIEW $2.27, REVENUE VIEW $1.25 BILLION -- THOMSON REUTERS I/B/E/S.Q3 EARNINGS PER SHARE VIEW $0.59, REVENUE VIEW $317.1 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Virtusa Partners With The IBRI To Drive Innovation And Accelerate Therapy Research
Wednesday, 7 Nov 2018 11:05am EST 

Nov 7 (Reuters) - Virtusa Corp ::VIRTUSA PARTNERS WITH THE IBRI TO DRIVE INNOVATION AND ACCELERATE THERAPY RESEARCH.VIRTUSA CORP SAYS ITS COLLABORATION WITH INDIANA BIOSCIENCES RESEARCH INSTITUTE (IBRI) TO ACCELERATE LIFE SCIENCES RESEARCH AND DEVELOPMENT.  Full Article

Virtusa Expands Digital Engineering Capabilities With The Acquisition Of Etouch
Monday, 12 Mar 2018 04:33pm EDT 

March 12 (Reuters) - Virtusa Corp ::VIRTUSA EXPANDS DIGITAL ENGINEERING CAPABILITIES WITH THE ACQUISITION OF ETOUCH.VIRTUSA CORP - DEAL FOR APPROXIMATELY $140.0 MILLION​.VIRTUSA CORP - FOR Q4, MANAGEMENT CURRENTLY EXPECTS ETOUCH TO CONTRIBUTE REVENUE OF APPROXIMATELY $5.0 MILLION.VIRTUSA CORP - PURCHASE PRICE WILL BE PAID IN THREE TRANCHES WITH $80.0 MILLION PAID AT CLOSING.VIRTUSA CORP - ‍EXPECTS ETOUCH ACQUISITION TO BE DILUTIVE TO GAAP EARNINGS PER SHARE FOR FISCAL YEAR ENDING MARCH 31, 2019​.VIRTUSA CORP - EXPECTS DEAL TO BE ‍ACCRETIVE TO NON- GAAP EARNINGS PER SHARE FOR FISCAL YEAR ENDING MARCH 31, 2019 ​.VIRTUSA - TO USE $70 MILLION OF DELAYED DRAW TERM-LOAN FROM EXISTING CREDIT FACILITY,$10 MILLION OF CASH ON HAND TO MAKE PAYMENTS DUE AT DEAL CLOSING.  Full Article

Virtusa Purchases Multiple Foreign Currency Forward Contracts
Wednesday, 28 Feb 2018 03:56pm EST 

Feb 28 (Reuters) - Virtusa Corp ::VIRTUSA -ON FEB 23, CO PURCHASED MULTIPLE FOREIGN CURRENCY FORWARD CONTRACTS DESIGNED TO HEDGE FLUCTUATION IN INDIAN RUPEE AGAINST U.K. POUND STERLING​.VIRTUSA SAYS U.K. POUND STERLING CONTRACTS PURCHASED HAVE TOTAL NOTIONAL AMOUNT OF ABOUT £6.3 MILLION & HAVE AVERAGE SETTLEMENT RATE OF 94.87 INR - SEC FILING.VIRTUSA CORP - ‍ON FEB 26, CO PURCHASED MULTIPLE FOREIGN CURRENCY FORWARD CONTRACTS DESIGNED TO HEDGE FLUCTUATION IN INDIAN RUPEE AGAINST U.S. DOLLAR​.VIRTUSA SAYS U.S DOLLAR CONTRACTS PURHCASED HAVE TOTAL NOTIONAL AMOUNT OF ABOUT $25.0 MILLION & HAVE AVERAGE SETTLEMENT RATE OF 66.91 INR.  Full Article

Virtusa Posts Q4 Adj. Earnings Per Share $0.47
Thursday, 8 Feb 2018 06:00am EST 

Feb 8 (Reuters) - Virtusa Corp ::VIRTUSA ANNOUNCES THIRD QUARTER 2018 CONSOLIDATED FINANCIAL RESULTS.Q3 NON-GAAP EARNINGS PER SHARE $0.47.Q3 GAAP LOSS PER SHARE $0.38.Q3 REVENUE ROSE 21.5 PERCENT TO $263.8 MILLION.SEES FY 2018 REVENUE $1.013 BILLION TO $1.019 BILLION.SEES Q4 2018 REVENUE $274 MILLION TO $280 MILLION.SEES FISCAL YEAR 2018 GAAP DILUTED EPS TO BE IN RANGE OF $0.06 TO $0.12.TAX ACT RESULTED IN A TAX EXPENSE OF $19.8 MILLION FOR Q3 OF FISCAL 2018.SEES Q4 2018 GAAP DILUTED EPS TO BE IN RANGE OF $0.21 TO $0.27.ANTICIPATES INCURRING A RESTRUCTURING CHARGE OF $0.3 MILLION IN Q4 OF FISCAL YEAR 2018.SEES Q4 FISCAL 2018 NON-GAAP DILUTED EPS TO BE IN RANGE OF $0.51 TO $0.57.SEES FISCAL YEAR 2018 NON-GAAP DILUTED EPS TO BE IN RANGE OF $1.59 TO $1.65.RESTRUCTURING CHARGE OF $0.3 MILLION IN Q4 IS REFLECTED IN GAAP EPS GUIDANCE, AND NOT INCLUDED IN NON-GAAP EPS GUIDANCE.Q3 EARNINGS PER SHARE VIEW $0.45, REVENUE VIEW $259.7 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $1.58, REVENUE VIEW $1.00 BILLION -- THOMSON REUTERS I/B/E/S.Q4 EARNINGS PER SHARE VIEW $0.52, REVENUE VIEW $268.8 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Virtusa says Q2 GAAP earnings per share $0.12
Wednesday, 8 Nov 2017 06:30am EST 

Nov 8 (Reuters) - Virtusa Corp -:Virtusa announces second quarter 2018 consolidated financial results.Q2 non-GAAP earnings per share $0.35.Q2 GAAP earnings per share $0.12.Q2 revenue $248.2 million versus I/B/E/S view $237.2 million.Q2 earnings per share view $0.36 -- Thomson Reuters I/B/E/S.Sees Q3 2018 non-GAAP earnings per share $0.41 to $0.47.Sees FY 2018 non-GAAP earnings per share $1.50 to $1.62.Sees Q3 2018 GAAP earnings per share $0.21 to $0.27.Sees FY 2018 revenue $998 million to $1.011 billion.Sees Q3 2018 revenue $256 million to $262 million.Virtusa Corp - ‍anticipates a total restructuring charge of $0.7 million in second half of fiscal year 2018 related to resource optimization initiatives​.Virtusa Corp - ‍FY 2018 GAAP diluted EPS is expected to be in range of $0.73 to $0.85​.  Full Article