Virtusa skids as Q4, fiscal 2009 guidance miss the Street
Shares of Virtusa Corp. (Nasdaq:VRTU) are getting trounced this morning after the global information technology services company reported fiscal fourth-quarter earnings after Tuesday’s close that fell short of the consensus view on Wall Street. The firm also issued fiscal 2009 first-quarter revenue guidance and full year 2009 revenues and earnings below the Street.
Shares slumped 18%, or $2.12, to $9.86 at 10:02 a.m. For detailed price information and recent news stories about Virtusa, click VRTU.
