Syntel, Inc. (SYNT) Tops Q4 EPS by 3c
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Syntel Reports Fourth Quarter and Full Year 2016 Financial Results
February 16, 2017 8:30 AM ESTHighlights:
Q4 revenue of $237.9M, down 7% from year-ago quarter, and 1% sequentiallyQ4 EPS of $0.57 per diluted share as compared to $0.88 in the year-ago quarter and a loss of $2.58 in the third quarter. Q3 2016 EPS was negatively impacted by $3.21 per share of one-time tax expense associated with a one-time repatriation of cash.Full year 2016 revenue of $966.6M as compared to $968.6M in the prior-year.Full year 2016 loss per share of $0.68 as compared to EPS of $3.00 in the prior-year. 2016 year-ending cash & short term investments of $100M Global Headcount of 23,011 on December 31, 2016, versus 24,537 in the... More