Last $34.98 USD
Change Today -0.38 / -1.07%
Volume 133.3K
VRTU On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 09/15/14 All times are local (Market data is delayed by at least 15 minutes).

virtusa corp (VRTU) Snapshot

Open
$35.28
Previous Close
$35.36
Day High
$35.40
Day Low
$34.85
52 Week High
12/26/13 - $38.49
52 Week Low
11/5/13 - $25.60
Market Cap
1.0B
Average Volume 10 Days
100.9K
EPS TTM
$1.25
Shares Outstanding
29.2M
EX-Date
--
P/E TM
27.9x
Dividend
--
Dividend Yield
--
Current Stock Chart for VIRTUSA CORP (VRTU)

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virtusa corp (VRTU) Details

Virtusa Corporation operates as an information technology services company in the United States. It offers application support and maintenance, development, systems integration, and managed services. The company’s business and IT consulting services comprise application inventory and portfolio assessment, business/technology alignment analysis, business process optimization, IT strategic planning, and quality assurance process consulting; enterprise architecture analysis, technology roadmaps, product evaluation and selection, and business process analysis and design services; and program governance and change management, program management planning, and IT process/methodology consulting. Its technology implementation services consist of application development, package implementation and integration, software product engineering, application maintenance and support, business process management, customer experience and content management, and emerging technology services; systems consolidation and rationalization, technology migration and porting, and Web-enablement of legacy applications; software quality assurance and managed testing services; and data management services, as well as business intelligence, reporting, and decision support services. The company’s application outsourcing services include the production support, maintenance and enhancement of custom-built and package-based applications, and ongoing software engineering services; systems and database administration, and monitoring; outsourcing of quality assurance planning; and preparation and execution of test cases, scripts, and data. It provides its services to communications and technology; banking, financial services, and insurance; and media and information industries. The company was formerly known as eRunway, Inc. and changed its name to Virtusa Corporation in April 2002. Virtusa Corporation was incorporated in 1996 and is headquartered in Westborough, Massachusetts.

8,421 Employees
Last Reported Date: 08/6/14
Founded in 1996

virtusa corp (VRTU) Top Compensated Officers

Co-Founder, Chairman and Chief Executive Offi...
Total Annual Compensation: $425.0K
President
Total Annual Compensation: $346.3K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $330.0K
Chief Operating officer and Executive Vice Pr...
Total Annual Compensation: $249.1K
Chief Strategy officer and Executive Vice Pre...
Total Annual Compensation: $310.0K
Compensation as of Fiscal Year 2014.

virtusa corp (VRTU) Key Developments

Virtusa Corporation Announces Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2014; Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal Year 2015

Virtusa Corporation announced unaudited consolidated earnings results for the first quarter ended June 30, 2014. For the quarter, the company reported Revenue was $112.27 million against $90.49 million a year ago. Income from operations was $11.23 million against $8.93 million a year ago. Income before income tax expense was $12.22 million against $10.06 million a year ago. Net income was $9 million against $7.52 million a year ago. Diluted earnings per share were $0.31 against $0.29 a year ago. Net cash used in operating activities was $2.5 million against $1.78 million a year ago. Purchase of property and equipment was $4.45 million against $1.7 million a year ago. For the second quarter of fiscal year 2015, the revenue is expected to be in the range of $116.0 to $118.0 million, with diluted EPS of $0.33 to $0.35. For the fiscal year 2015, revenue is expected to be in the range of $474.0 to $486.0 million, with diluted EPS of $1.46 to $1.58.

Virtusa Seeks Acquisitions

Virtusa Corp. (NasdaqGS:VRTU) will consider acquisitions. Ranjan Kalia, Chief Executive Officer of Virtusa said, "For a company our size and scale having that strong cash on the balance sheet really helps us to bid for those larger deals. So that's been a strategic asset for us and it really continues to be as well from that business perspective. Like we've done, we will continue to make very selective capability oriented acquisitions and using those acquisitions to continue to expand our addressable market."

Virtusa Corp. Presents at 2014 Needham Interconnect Conference, Aug-06-2014 02:00 PM

Virtusa Corp. Presents at 2014 Needham Interconnect Conference, Aug-06-2014 02:00 PM. Venue: The Westin Grand Central Hotel, New York, New York, United States. Speakers: Ranjan Kalia, Chief Financial Officer, Principal Accounting Officer, Executive Vice President, Treasurer and Secretary.

 

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Industry Analysis

VRTU

Industry Average

Valuation VRTU Industry Range
Price/Earnings 27.4x
Price/Sales 2.4x
Price/Book 2.6x
Price/Cash Flow 28.8x
TEV/Sales 2.1x
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