Luxoft Holding Reports Results for Three Months
OREANDA-NEWS. August 23, 2013. Luxoft Holding, Inc, a subsidiary of IBS Group Holding Limited (“IBS Group”), announced results for the three months ended June 30, 2013.
US GAAP revenue amounted to USD 83.8 million, an increase of 18% year over year.
Earnings before interest, taxes, depreciation and amortization (EBITDA) adjusted for stock based compensation was USD 14.4 million and EBITDA margin was 17.1%, compared to \\$9.8 million and 13.8% in the year-ago quarter.
Diluted earnings per share (EPS) on a US GAAP basis was USD 0.32, compared to \\$0.17 in the year-ago quarter.
Diluted EPS on a non-GAAP basis was USD 0.36, compared to \\$0.23 in the year-ago quarter.
For more information please visit http://investor.luxoft.com/press-release/luxoft-holding-inc-reports-results-three-months-ended-june-30-2013-0