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Last $51.28 USD
Change Today -0.04 / -0.08%
Volume 106.9K
VRTU On Other Exchanges
As of 8:10 PM 10/2/15 All times are local (Market data is delayed by at least 15 minutes).

virtusa corp (VRTU) Snapshot

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52 Week High
09/9/15 - $54.27
52 Week Low
10/13/14 - $33.73
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Average Volume 10 Days
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Dividend Yield
Current Stock Chart for VIRTUSA CORP (VRTU)

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virtusa corp (VRTU) Details

Virtusa Corporation operates as an information technology (IT) services company. It offers business and IT consulting services comprising application inventory and portfolio assessment, business/technology alignment analysis, business process optimization, and quality assurance process consulting; accelerated solution design, enterprise architecture analysis, technology roadmaps, product evaluation and selection, and business process analysis and design; and program governance and change management, program management planning, and complex program management. The company also provides technology implementation services, such as application development, package implementation and integration, software product engineering, application maintenance and support, business process management, CRM and SAP implementations, customer experience and content management, enterprise mobility services, cloud computing, and social media solutions; systems consolidation and rationalization, technology migration and porting, and Web-enablement of legacy applications; data management, business intelligence, reporting and decision support, master data management, data integration, and big data analytics; and software quality assurance and managed testing services. In addition, it offers application outsourcing services, such as the production support, maintenance and enhancement of custom-built and package-based applications, and ongoing software engineering; systems and database administration, and monitoring; outsourcing of quality assurance planning; and preparation and execution of test cases, scripts, and data. Virtusa Corporation provides its services to communications and technology; banking, financial services, and insurance; and media and information industries worldwide. The company was formerly known as eRunway, Inc. and changed its name to Virtusa Corporation in April 2002. Virtusa Corporation was founded in 1996 and is headquartered in Westborough, Massachusetts.

9,818 Employees
Last Reported Date: 07/30/15
Founded in 1996

virtusa corp (VRTU) Top Compensated Officers

Co-Founder, Chairman and Chief Executive Offi...
Total Annual Compensation: $443.8K
Total Annual Compensation: $365.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $341.3K
Chief Operating officer and Executive Vice Pr...
Total Annual Compensation: $262.2K
Chief Strategy officer and Executive Vice Pre...
Total Annual Compensation: $321.3K
Compensation as of Fiscal Year 2015.

virtusa corp (VRTU) Key Developments

Virtusa Corporation Announces Availability of its Accelerated Domain Solutions for Pega Testing

Virtusa Corporation has announced the availability of its Accelerated Domain solutions for Pega Testing, or ADOPT, framework. The comprehensive testing platform for Pega based applications will help deliver cost optimization without compromising on overall quality. Enterprises are at the cusp of fundamental change in the market environment due to digital technologies driving business transformation across industries. The company's new ADOPT offering is helping businesses to not only reduce the downstream risks due to poor quality, but more importantly to accelerate implementation cycles leading to faster time to market of high quality solutions. In addition to its proprietary ADOPT methodology, companies turning to Virtusa for Pega implementation will reap the benefits of the company's 14 years of Pega experience developing framework which has helped countless global organizations achieve cost optimization without compromising on quality and application availability. Virtusa's BPM practice helps enterprises optimize, automate and manage business processes through design and implementation of BPM platforms. Virtusa has a dedicated Center of Excellence for Pegasystems, and is a trusted Pegasystems Platinum partner. From early 2003, the company has developed vertical applications using Pega's PRPC core platform and Solution Frameworks including Process Manager (CPM), Smart Dispute and Smart Investigate.

Virtusa Reportedly Eyes Polaris

Virtusa Corporation (NasdaqGS:VRTU) is discussing potential acquisition of Polaris Consulting & Services Limited (BSE:532254) in a deal valued at $350 million. Virtusa Corporation is discussing a potential acquisition of Polaris Consulting & Services in a deal valued at $350 million, people familiar with the development said. Polaris, being advised by Credit Suisse Group AG (SWX:CSGN), could soon reach a decision on the acquirer as negotiations were fairly advanced, one of the sources added. Fiserv, Inc. (NasdaqGS:FISV), Genpact Limited (NYSE:G), Tech Mahindra Limited (NSEI:TECHM) are among other possible suitors.

Virtusa Corporation Announces Availability of ADOPT Framework

Virtusa Corporation announced the availability of its ADOPT (Accelerated Domain solutions for Pega Testing) framework. The comprehensive testing platform for Pega based applications will help deliver cost optimization without compromising on overall quality.


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Valuation VRTU Industry Range
Price/Earnings 35.0x
Price/Sales 3.0x
Price/Book 3.5x
Price/Cash Flow 34.9x
TEV/Sales 2.7x

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