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Virtusa reports revenue of $314.7 million with YoY growth of 19.3%

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 has roped in Oracle founder Larry Ellison and former Kellogg HR head Kathleen Wilson-Thompson as an independent director on its board.

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 a provider of proprietary, cloud-based healthcare IT solutions and services, today announced that it has fully repaid its $8 million term loans from Opus Bank which had outstanding balances of approximately $7.3 million as of January 1, 2017. "We're pleased to have repaid Opus well ahead of the maturity...
Apple, LG and Valve, OLED microdisplays, eMagin, VR, AR

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% in in 2018

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

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.