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Virtusa Corp.

Despite soaring revenues, Virtusa profits drop 73%

Virtusa Corp.'s GAAP net income fell by $32.9 million for the entire 2017 fiscal year, as the company increased its revenue by 43 percent.

Virtusa sees Q1 loss even as revenue leaps 52%

Revenue for Westborough-based Virtusa Corp. jumped by 52.4 percent year-over-year in the first quarter of 2016, but its earnings per share took a dive and posted a $0.21 per share loss, according to a release from the company Tuesday.

Virtusa revenue skyrockets amid expansion

Virtusa Corporation has reported a 36 percent boost to revenue in its fourth quarter amid an expansion where the company purchased India-based Polaris Consulting & Services.

Virtusa crafts Japanese partnership with Hitachi

Virtusa Corp. has partnered with Tokyo's Hitachi, setting the stage for more opportunities in Japan for the Westborough company.
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Virtusa completes $166M acquisition; becomes billion dollar company

Virtusa Corporation has completed a $166 million purchase of stock, giving it a majority interest in Polaris Consulting & Services and creating a global provider of IT services to the financial industry with annual revenue of $826 million.

Virtusa stock stumbles as projections fall short

Business consulting and technology outsourcing company Virtusa of Westborough reported strong revenue growth, but saw stock prices drop Monday as projections for the upcoming quarter fell below market expectations.

Central Mass firms set sights on international markets

Westborough-based eClinicalWorks is a company near the top of its field. It's one of the top vendors of electronic health records systems for U.S. doctors' offices and a big player in the development of mobile tools that let patients track their vital signs and communicate with doctors.

Virtusa receives Top 100 banking award

Westborough information-technology consultant Virtusa Corp. on Friday was named to the FinTech Forward Top 100 list, for helping the banking industry plan for the financial future.
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Virtusa plans $270M India acquisition

Westborough information-technology consultant Virtusa Corp. announced Thursday its plan to pay $270 million for a majority interest in an India IT company that serves the banking industry.

Virtusa launches vToken payment-security product

Business consulting and technology outsourcing company Virtusa of Westborough announced Thursday the availability of a technology security product called vToken.
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