Syntel Q4 Profit Rises - Quick Facts

(RTTNews) - Syntel, Inc. (SYNT), a global information technology services and Knowledge Process Outsourcing company, reported that its fourth-quarter net income increased to $66.3 million or $1.58 per share, from $49.9 million or $1.19 per share, prior-year.

On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $1.31 for the quarter. Analysts' estimatest typically exclude special items.

Revenue increased 19 percent to $223.3 million, from $187.8 million, prior-year. Analysts expected revenue of $212.52 million for the quarter.

The company currently expects 2014 revenue of $910 million to $940 million and earnings per share in the range of $5.10 to $5.35. Analysts expect the company to report 2014 earnings per share of $5.22 on revenue of $912.90 million.