April 24, 2014 5:26 PM ET

IT Services

Company Overview of Pactera Technology International Ltd.

Company Overview

Pactera Technology International Ltd., through its subsidiaries, provides consulting and technology services in the People’s Republic of China. It offers IT consulting, research and development, and business process outsourcing services to a range of multinational firms through an integrated network of onsite and offsite delivery locations in Greater China, the United States, Japan, Europe, Singapore, Australia, Malaysia, Indonesia, and Mauritius. The company’s IT services include consulting and packaged software services; and application development, testing, and maintenance services for custom applications. Its research and development services comprise software and hardware testing, as we...

Building C-4, No.66

Xixiaokou Road

Haidian District

Beijing,  100192

China

Founded in 1996

22,068 Employees

Phone:

86 10 5987 5000

Fax:

86 10 5987 5050

Key Executives for Pactera Technology International Ltd.

Chief Executive Officer and Director
Age: 55
President
Age: 44
Interim Chief Financial Officer
Age: 34
Chief Marketing Officer and Executive Vice President
Age: 45
Chief Human Resource Officer and Senior Vice President
Compensation as of Fiscal Year 2013.

Pactera Technology International Ltd. Key Developments

Pactera Technology International Ltd.(NasdaqGS:PACT) dropped from NASDAQ Composite Index

Pactera Technology International Ltd. Will be removed from the NASDAQ Composite Index.

Pactera Technology International Ltd. Announces Unaudited Consolidated Financial Results for the Fourth Quarter and Year Ended December 31, 2013

Pactera Technology International Ltd. announced unaudited consolidated financial results for the fourth quarter and year ended December 31, 2013. For the quarter, the company reported net revenues of $181.530 million against $142.202 million a year ago. Income from operations was $13.824 million against loss from operations of $16.751 million a year ago. Net income before income tax expenses was $15.066 million against loss before income tax benefit of $16.830 million a year ago. Net income attributable to the company was $7.838 million or $0.09 per diluted share against net loss attributable to the company of $14.517 million or $0.22 per diluted share a year ago. Net cash provided by operating activities was $66.508 million against $33.290 million a year ago. Purchase of property, plant and equipment was $2.776 million against $2.219 million a year ago. Non-GAAP operating income was $23.073 million against $16.109 million a year ago. Non-GAAP net income was $17.087 million or $0.20 per diluted share against $16.353 million or $0.24 per diluted share a year ago. For the year, the company reported net revenues of $670.019 million against $359.031 million a year ago. Income from operations was $10.852 million against $1.957 million a year ago. Income before income tax expenses was $12.737 million against $4.512 million a year ago. Net income attributable to the company was $12.737 million or $0.09 per diluted share against $2.590 million or $0.05 per diluted share a year ago. Net cash provided by operating activities was $60.832 million against $36.325 million a year ago. Purchase of property, plant and equipment was $9.414 million against $5.600 million a year ago. Non-GAAP operating income was $58.391 million against $46.395 million a year ago. Non-GAAP net income was $54.156 million or $0.64 per diluted share against $45.038 million or $0.91 per diluted share a year ago.

Pactera Technology International Ltd., Q4 2013 Earnings Call, Feb 28, 2014

Pactera Technology International Ltd., Q4 2013 Earnings Call, Feb 28, 2014

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 24, 2014
Innoveo Solutions AG
Merger/Acquisition
May 20, 2013
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