|
|
WEB SITE: |
www.virtusa.com |
|
CORPORATE HEADQUARTERS: |
Virtusa Corporation
2000 West Park Drive,
Westborough, MA 01581
Telephone: +1 508 389 7300
Facsimile: +1 508 366 9901 |
|
ABOUT: |
Virtusa Corporation (NASDAQ: VRTU) is a global information technology (IT) services company providing IT consulting, technology and outsourcing services.
Using Virtusa’s enhanced global delivery model, innovative software platforming approach and industry expertise, Virtusa provide high-value IT services that enables clients to enhance business performance, accelerate time-to-market, increase productivity and improve customer service.
Virtusa serves Global 2000 companies and the leading software vendors in Communications & Technology, Banking & Financial Services, Insurance, Telecommunications, and Media, Information & Entertainment industries. Virtusa builds and sustains application platforms for clients that create competitive advantage.
Founded in 1996 and headquartered in Massachusetts, Virtusa has offices and technology centers throughout the United States, Europe and Asia.
Headquarters: Westborough, Massachusetts, USA
Offices: Throughout US, Europe and Asia
Technology Centers: US, UK, Hungary, India, Sri Lanka |
|
EMPLOYEES: |
Over 4900 |
|
FINANCIALS: |
(NASDAQ: VRTU)
Fourth Quarter Fiscal 2011 Consolidated Financial Results
Revenue for the fourth quarter of fiscal 2011 was $58.3 million, an increase of 5% sequentially and 22% year-over-year. On a constant currency basis (1), fourth quarter revenue increased 4% sequentially and 21% year-over-year.
Virtusa reported income from operations of $5.7 million for the fourth quarter of fiscal 2011, an increase compared to $5.0 million for the third quarter of fiscal 2011, and an increase compared to $3.2 million for the fourth quarter of fiscal 2010.
Net income for the fourth quarter of fiscal 2011 was $5.2 million, or $0.21 per diluted share, an increase compared to $4.2 million, or $0.17 per diluted share, for the third quarter of fiscal 2011 and an increase compared to $3.6 million, or $0.15 per diluted share, for the fourth quarter of fiscal 2010.
The Company ended the fourth quarter of fiscal 2011 with $111.8 million of cash, cash equivalents, short-term investments and long-term investments (2). The Company generated cash from operations of $6.4 million during the fourth quarter of fiscal 2011. |
|
CLIENTS: |
National Geographic, Medventive, Vignette (Now OpenText), Travel Channel, General Electric |
|
