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igate reports 71% jump in net income

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Shares of iGate Corp., (Nasdaq: IGTE), which provides information technology and offshore outsourcing services, reported early this morning that net income surged 71% in the first-quarter due to an increase in higher margin customers, improved bill rates and a reduction in attrition rates.

Shares gained 13.2%, or $0.87, to $7.48 in pre-market trading. For detailed price information and recent news stories about iGate, click IGTE.