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.

Highlights

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