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Luxoft Holding, Inc  (LXFT)
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    Sector  Technology    Industry Software & Programming
 
 

EARNINGS REPORT by CSIMarket

Despite Very Strong Sales EPS Fell


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Luxoft Holding, Inc announced forth quarter 2017 operating income of $66.755 millions



Luxoft Holding, Inc announced earnings per share of $1.84 and Sales of $0 millions in the forth quarter 2017, Company's income fell by -10.68 % per share, versus $2.06 eps, earned in the same quarter a year ago, although Luxoft Holding, Inc saw it's Sales rise by 20.72 % in the same period.

Sequentially from $0.00 per share and from $0 millions.

Net income of $63 millions in the forth quarter 2017 fell by -10.84 % from $70 millions in the corresponding period a year before. Luxoft Holding, Inc shifted it's focus on improving sales in the forth quarter 2017, as a result net margin eased to 7.97%.
Looking into financial results for the fiscal year 2017, Luxoft Holding, Inc reported Sales of $786 millions and net income of $63 millions.

Software & Programming Company explained also, that Profits per share fell by -10.68 % to $1.84 per share from $2.06 in the previous fiscal year, while Sales improved by 20.72 % from $651 millions a year ago.
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