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VanceInfo Technologies Inc. (VIT)

- NYSE
VIT is defunct.
  • May. 15, 2012, 6:20 AM
    VanceInfo Technologies (VIT): Q1 EPS of $0.16 beats by $0.01. Revenue of $86.1M (+50% Y/Y) beats by $6M. (PR)
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  • Feb. 28, 2012, 8:21 AM
    VanceInfo 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)
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  • Nov. 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.
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  • Aug. 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.
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  • Aug. 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.
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  • Mar. 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.
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