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