Virtusa Corporation Q4 2010 Earnings Call Transcript
Virtusa’s ability to assimilate and integrate the operations of in source and compares to consulting acquisition of new clients and growth of the business, the ability of Virtusa’s clients to realize benefits from the use of Virtusa’s IT services. The potential impact of currency exchange on our business and operations and management’s plans, objectives and strategies. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond Virtusa’s control, which could cause actual results to differ materially from those contemplated in these forward looking statements.
Existing and prospective investors are cautioned, not to place undue reliance on these forward looking statements, which speak only as of the date here of. Virtusa undertakes no obligation to update or revise the information disclosed during this call, whether as a result of new information, future events, or circumstances, or otherwise. Other statements in this call also include certain non-GAAP financial information as defined by the SEC. We present constant currency revenue to provide a framework for assessing how our revenue performed excluding the effect of foreign currencies rate and fluctuation. We also present a reconciliation of cash, cash equivalents, short-term and long-term investment that we believe provides insight into our total cash position and overall liquidity. For additional disclosure regarding needs and risks stated by Virtusa see that disclosures contained and Virtusa’s public filing with the Securities and Exchange Commission, and on our earlier press release.
With that I would like to turn the call over to Kris. Kris please go ahead.
Kris CanekeratneThank you Staci, and thank you for joining us on our fourth quarter and fiscal 2010 year-end conference call. We are pleased to report a strong fourth quarter and good progress during a challenging economic period. During this call, I will summarize our fourth quarter and fiscal year results provide you with our thoughts on the market place, our key differentiators and focus areas and then discuss our outlook.
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