VRTU News and Press, Virtusa Corporation From 11/03/20

Virtusa (VRTU): FQ2 Non-GAAP EPS of $0.53 in-line; GAAP EPS of $0.25 misses by $0.06.Revenue of $317.88M (-3.2% Y/Y) beats by $2.67M.Press Release For further details see: Virtusa EPS in-line, beats on revenue

Second quarter fiscal 2021 revenue of $317.2 million increased 5.4% sequentially and decreased 3.4% year-over-year. Second quarter fiscal 2021 GAAP operating income of $12.7 million. Non-GAAP operating income of $30.2 million. Second quarter fiscal 2021 GAAP diluted ...

SOUTHBOROUGH, Mass., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Virtusa Corporation (NASDAQ GS: VRTU), a global provider of digital strategy, digital engineering, and IT services and solutions that help clients change and disrupt markets through innovation engineering, today announced that i...

NEW YORK, NY / ACCESSWIRE / October 24, 2020 / Halper Sadeh LLP, a global investor rights law firm, is investigating: Cellular Biomedicine Group, Inc. (NASDAQ:CBMG) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sal...

NEW YORK, NY / ACCESSWIRE / October 21, 2020 / Halper Sadeh LLP, a global investor rights law firm, is investigating: AMAG Pharmaceuticals, Inc. (NASDAQ:AMAG) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Cov...

NEW YORK, NY / ACCESSWIRE / October 13, 2020 / Halper Sadeh LLP, a global investor rights law firm, is investigating: Cellular Biomedicine Group, Inc. (NASDAQ:CBMG) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sal...

Virtusa moves ahead as investors get on board with the acquisition by Barings Private Equity Asia. The possibility still remains for a higher offer for Virtusa. Merger arbitrage cash spreads narrow as the broader market powers ahead. For further details see: Merger Arbit...

Merger activity increased significantly last week with ten new deals announced. The merger of WPX Energy (WPX) and Devon Energy Corporation (DVN). Morgan Stanley (MS) completes the acquisition of E*TRADE Financial Corporation (ETFC). For further details see: Me...

SOUTHBOROUGH, Mass. , Oct. 07, 2020 (GLOBE NEWSWIRE) -- Virtusa Corporation (NASDAQ GS: VRTU), a global provider of digital strategy, digital engineering, and IT services and solutions that help clients change and disrupt markets through innovation engineering, has u...

New Mountain Board Candidate Patricia "Patty" Morrison Appointed to Board New Mountain Enters Voting Agreement to Support Virtusa’s Proposed Acquisition by BPEA Virtusa Corporation (NASDAQ GS: VRTU), a leading IT services provider that enables the digital tran...