Tuesday, May 17, 2016

Virtusa Corp. (VRTU) Dropped On Disappointing Guidance

Virtusa Corp. (VRTU) reported fourth quarter non-GAAP EPS of $0.55 Monday morning, compared to $0.51 in the prior year. Analysts expected EPS of $0.44. The company expects to report first quarter non-GAAP EPS of $0.14 to $0.18 and between $2.10 and $2.30 for the full year 2017. The consensus estimates are for EPS of $0.48 and $2.31.

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