Tuesday, May 15, 2012, 6:20 AMVanceInfo Technologies (VIT): Q1 EPS of $0.16 beats by $0.01. Revenue of $86.1M (+50% Y/Y) beats by $6M. (PR)
Comment![Earnings, Tech]
Tuesday, February 28, 2012, 8:21 AMVanceInfo Technologies(VIT): Q4 EPS of $0.20 in-line. Revenue of $87.2M (+46% Y/Y) beats by $3.5M. Shares +3.3% premarket. (PR)
Comment![Earnings, Tech, On the Move]
Tuesday, November 15, 2011, 2:46 PM
Shares of VanceInfo Technologies (VIT +22%) bounce back hard from early morning losses after its Q3 results largely disappointed. Profit fell 59% Y/Y, as the Chinese outsourcing company saw rising input costs continue to outweigh strong sales growth. However, the stock has already been hammered, down 73% over the past year, and investors appear to be finding encouragement in the company's raising of its FY revenue growth estimates.
Comment![Tech, On the Move]
Friday, August 19, 2011, 1:57 PM
After a brief respite, VanceInfo (VIT -7.7%) continues its downward march following a terrible earnings report on Tuesday. The stock has broken through a another 52-week low, and nears a two-year bottom.
Comment![Tech, On the Move]
Tuesday, August 16, 2011, 9:45 AM
Shares of VanceInfo (VIT -28.6%) implode after the firm records a Q2 EPS miss of $0.02, and issues downward revenue and EPS guidance for Q3. The China-based software firm blames its margin pressure on the "rising inflationary environment in China," and says the near-term outlook isn't clear for the industry.
1 Comment[On the Move, Tech, Global & FX]
Monday, March 7, 2011, 12:03 PM
VanceInfo (VIT -5.7%) sinks after BMO cuts its rating to market perform, citing the double-whammy of wage inflation cutting margins at the same time slowing demand hits.
Comment![Global & FX, Tech]