iGate (IGTE +1%) reports FY 2010 net revenue of $280.6M, up 45%.3 from 2009, and annual...


iGate (IGTE +1%) reports FY 2010 net revenue of $280.6M, up 45%.3 from 2009, and annual earnings/share of $0.90, up from $0.51/share from the prior year. But CEO Phaneesh Murthy warns of a softening Q1 compared to last year's, as companies delay making IT investments. Rival Infosys (INFY +0.4%) expressed similar concerns.

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