Virtusa (VRTU) Profit Above Projections
Post# of 19
Posted On: 05/12/2015 1:40:26 AM
The price of the stock of Virtusa Corp. (VRTU) touched a record high in the extended session Monday after the company delivered strong performance in its quarterly earnings report, with profit numbers above analysts' forecasts.
For its fourth quarter fiscal 2015, VRTU posted revenue of $126 million, a 13% increase year over year, and non-GAAP net income (excluding non-recurring items) of $15.1 million, or $0.51 per diluted share, compared to non-GAAP net income of $13.1 million, or $0.45 per diluted share in the same quarter the prior year, exceeding the Capital IQ Consensus Estimate of $0.40 earnings per share for the period.
For its first quarter fiscal 2016, VRTU expects to be in the range of $132.5 to $135.5 million and and non-GAAP diluted earnings per share to be in the range of $0.48 to $0.50.
VRTU is a global information technology (IT) services company providing IT consulting, technology and outsourcing services.
More about Virtusa Corp. (VRTU) at www.virtusa.com
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Shares of magicJack VocalTec Ltd. (CALL) climbed more than 15% in after-hours trading Monday as the company reported better-than-expected quarterly profit in its financial results.
For the first quarter 2015, CALL posted net revenues of $25.5 million and non-GAAP net income (excluding non-recurring items) of $5.6 million, or $0.31 per diluted share, topping the Capital IQ Consensus Estimate of $0.23 earnings per share for the period
CALL said that it is well positioned to generate strong free cash flow for the remainder of the year.
CALL, the inventor of magicJack and a pioneer in Voice over IP (VoIP) technology and services, is a leading cloud communications company.
More about magicJack VocalTec Ltd. (CALL) at www.vocaltec.com
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Shares of Pall Corporation (PLL) soared more than 20% and reached an all-time high during extended-hours trading Monday following a report by The Wall Street Journal indicating that the company is in the late stages of an auction, with potential buyers Danaher Corp. (DHR) and Thermo Fisher Scientific Inc. (TMO) said to be vying for a successful deal.
PLL is a filtration, separation and purification leader providing solutions to meet the critical fluid management needs of customers across the broad spectrum of life sciences and industry.
More about Pall Corporation (PLL) at www.pall.com.
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Crown Equity Holdings Inc. (CRWE) is currently developing its CRWE Network ( www.CRWE-PR.com ), a growing network of community targeted sites.
It has recently included the City of Grass Valley, CA ( www.grassvalley.crwe-pr.com ) into the CRWE Network.
Grass Valley is located in the western region of Nevada County, California, just an hour from Sacramento and 3 hours from San Francisco.
The City of Grass Valley had an estimated population in 2013 (U.S. Census Bureau) of 12,793, and represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally
The CRWE Network has reached the 1487th community website in the U.S. and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.
CRWE provides marketing solutions that boost customer awareness and merchant visibility on the Internet.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
**
Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer
For its fourth quarter fiscal 2015, VRTU posted revenue of $126 million, a 13% increase year over year, and non-GAAP net income (excluding non-recurring items) of $15.1 million, or $0.51 per diluted share, compared to non-GAAP net income of $13.1 million, or $0.45 per diluted share in the same quarter the prior year, exceeding the Capital IQ Consensus Estimate of $0.40 earnings per share for the period.
For its first quarter fiscal 2016, VRTU expects to be in the range of $132.5 to $135.5 million and and non-GAAP diluted earnings per share to be in the range of $0.48 to $0.50.
VRTU is a global information technology (IT) services company providing IT consulting, technology and outsourcing services.
More about Virtusa Corp. (VRTU) at www.virtusa.com
**
Shares of magicJack VocalTec Ltd. (CALL) climbed more than 15% in after-hours trading Monday as the company reported better-than-expected quarterly profit in its financial results.
For the first quarter 2015, CALL posted net revenues of $25.5 million and non-GAAP net income (excluding non-recurring items) of $5.6 million, or $0.31 per diluted share, topping the Capital IQ Consensus Estimate of $0.23 earnings per share for the period
CALL said that it is well positioned to generate strong free cash flow for the remainder of the year.
CALL, the inventor of magicJack and a pioneer in Voice over IP (VoIP) technology and services, is a leading cloud communications company.
More about magicJack VocalTec Ltd. (CALL) at www.vocaltec.com
**
Shares of Pall Corporation (PLL) soared more than 20% and reached an all-time high during extended-hours trading Monday following a report by The Wall Street Journal indicating that the company is in the late stages of an auction, with potential buyers Danaher Corp. (DHR) and Thermo Fisher Scientific Inc. (TMO) said to be vying for a successful deal.
PLL is a filtration, separation and purification leader providing solutions to meet the critical fluid management needs of customers across the broad spectrum of life sciences and industry.
More about Pall Corporation (PLL) at www.pall.com.
**
Crown Equity Holdings Inc. (CRWE) is currently developing its CRWE Network ( www.CRWE-PR.com ), a growing network of community targeted sites.
It has recently included the City of Grass Valley, CA ( www.grassvalley.crwe-pr.com ) into the CRWE Network.
Grass Valley is located in the western region of Nevada County, California, just an hour from Sacramento and 3 hours from San Francisco.
The City of Grass Valley had an estimated population in 2013 (U.S. Census Bureau) of 12,793, and represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally
The CRWE Network has reached the 1487th community website in the U.S. and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.
CRWE provides marketing solutions that boost customer awareness and merchant visibility on the Internet.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
**
Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer
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