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Virtusa reports revenue of $314.7 million with YoY growth of 19.3%
Virtusa Corporation revenue for the third quarter fiscal 2019, ended December 31, 2018 was $314.7 million, an increase of 3.0% sequentially and 19.3% year-over-year.
Tesla ropes in Oracle’s Larry Ellison on its board in the absence of Elon Musk
Tesla has roped in Oracle founder Larry Ellison and former Kellogg HR head Kathleen Wilson-Thompson as an independent director on its board.
IT firm MTBC fully repaid its $8 million term loans from Opus Bank
MTBC said that it has fully repaid its $8 million term loans from Opus Bank which had outstanding balances of approximately $7.3 million
Apple, LG, Valve bet on OLED microdisplays technology, invest $10 million in eMagin
Maker of OLED microdisplays eMagin is getting attention from tech giants such as Apple and LG as they bet big on VR and AR for future growth.
A10 Networks revenue declines 1.6% to $232.2 million in 2018
In 2018, A10 Networks earned revenue of $232.2 million, compared with $235.4 million in 2017, a decline of about 1.6%. Q4 showed good results with 11.4% up in revenue with $61.83 million.
A10 Networks fails to file FY17 report due to ongoing investigation, NYSE sent notice
Audit Committee of the company’s board of directors, with the assistance of outside counsel, is currently conducting an investigation regarding certain revenue recognition and internal control matters, says A10 Networks.
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