VIRTUSA CORPORATION (NASDAQ:VRTU) Files An 8-K Results of Operations and Financial Condition
Item 9.01. Results of Operations and Financial Condition
On February7, 2019, Virtusa Corporation (the “Company”) announced its financial results for the third quarter ended December31, 2018. The full text of the press release issued in connection with the announcement is attached as Exhibit99.1 to this Current Report on Form8-K.
The information under this Item 9.01 in this Form8-K (including Exhibit99.1 attached hereto) is intended to be furnished and shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
The following exhibit relating to Item 9.01 shall be deemed to be furnished, and not filed:
99.1 Press Release issued by Virtusa Corporation on February7, 2019.
VIRTUSA CORP Exhibit
EX-99.1 2 a19-4240_1ex99d1.htm EX-99.1 Exhibit 99.1 Virtusa Announces Third Quarter Fiscal 2019 Consolidated Financial Results · Third quarter fiscal 2019 revenue of $314.7 million increased 3.0% sequentially and 19.3% year-over-year. · Third quarter fiscal 2019 GAAP diluted EPS of $0.37. Non-GAAP diluted EPS of $0.61. · Third quarter fiscal 2019 GAAP operating income of $19.3 million increased 41% year-over-year. Non-GAAP operating income of $32.7 million increased 26% year-over-year. · Third quarter fiscal 2019 operating cash flow of $36.5 million,…
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About VIRTUSA CORPORATION (NASDAQ:VRTU)
Virtusa Corporation (Virtusa) is an information technology services company. The Company’s services include information technology (IT) and business consulting, digital enablement services, user experience (UX) design, development of IT applications, maintenance and support services, systems integration, infrastructure and managed services. Its services enable its clients to accelerate business outcomes by consolidating, rationalizing and modernizing the clients’ core customer-facing processes into one or more core systems. It delivers solutions through a global delivery model, applying advanced methods, such as Agile, a technique designed to accelerate application development. The Company uses its consulting methodology, Accelerated Solution Design (ASD). It supports the Chief Information Officers (CIOs) of its client organizations in solving their critical issues, including managing total cost of ownership, accelerating time-to-market and increasing productivity.
