Virtusa Recognized as Global Leader in Gen AI Services by ISG Provider Lens® - Read report
Company Reports 78% Quarterly Revenue Increase from the Same Quarter Last Year
Westborough, Mass. – July 20, 2004 – Virtusa Corporation, a global provider of software development and related IT services, today reported its first quarter results ending June 30, 2004.
Highlights from the past twelve months include the following:
“We achieved record performance in the first quarter of our fiscal year, thanks to the dedicated efforts of our global team. Once again, the entire team achieved quarter-on-quarter growth by expanding relationships with our strategic accounts and acquiring new client accounts,” said Kris Canekeratne, Chairman and CEO of Virtusa. “In addition, we continued to see our Productization value proposition resonate with our clients who wanted to consolidate their existing silos of applications into agile, custom-built platforms. Through such IT asset consolidation and rationalization, Virtusa is helping businesses reduce their total cost of ownership and stimulate their revenue generation capabilities.”