Virtusa Q1 Profit Rises - Quick Facts

(RTTNews) - Virtusa Corporation (VRTU) reported that its first-quarter net income increased to $9.0 million, or $0.31 per share, from $7.5 million, or $0.29 per share, last year.

On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.31 for the quarter. Analysts' estimates typically exclude special items.

Revenue was $112.3 million, an increase of 24% year-over-year in reported currency. On a constant currency basis, revenue increased 22% year-over-year. Analysts expected revenue of $112.07 million for the quarter.

Virtusa expects second-quarter revenue to be in the range of $116.0 to $118.0 million, with EPS of $0.33 to $0.35. Analysts expect the company to report second-quarter profit per share of $0.35 on revenue of $116.29 million.

The company expects fiscal 2015 revenue to be in the range of $474.0 to $486.0 million, with EPS of $1.46 to $1.58. Analysts expect the company to report fiscal 2015 profit per share of $1.52 on revenue of $477.79 million.