Virtusa Corporation F4Q10 (Qtr End 03/31/2010) Earnings Call Transcript

Virtusa Corporation (VRTU)F

F4Q10 (Qtr End 03/31/2010) Earnings Call

May 12, 2010 05:00 pm ET

Executives

Staci Strauss Mortenson - IR, ICR

Kris Canekeratne - Chairman & CEO

Tom Holler - EVP & COO

Ranjan Kalia - SVP & CFO

Analysts

Jon Maietta - Needham & Company

Brian Kinstlinger - Sidoti & Company

Vincent Colicchio - Noble Financial

Avishai Kantor - Cowen & Company

Presentation

Operator

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Good afternoon ladies and gentlemen. Thank you for standing by and welcome to the Virtusa Corporation Fourth Quarter 2010 Earnings Conference Call. At this time all participants are in a listen-only mode. Following the presentation we will conduct a question-and-answer session. Instructions will be provided at that time for you to queue up for your questions. I would like to remind everyone that this conference is being recorded.

And now I’ll turn the conference over to Ms. Staci Strauss Mortenson of ICR. Please go ahead.

Staci Strauss Mortenson

Thank you, good evening and welcome to Virtusa’s fourth quarter and fiscal year 2010 earnings conference call where we will be discussing our financial results for the quarter and year ended March 31, 2010. On the call with me are Kris Canekeratne, Chairman and Chief Executive Officer, Tom Holler, Executive Vice President and Chief Operating Officer, and Ranjan Kalia, Senior Vice President and Chief Financial Officer of Virtusa.

Certain statements made in this call that are not based on historical information are forward-looking statements which are made pursuant to the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. During this call we may make, express or imply forward looking statements relating to among other things, Virtusa’s expectations and assumptions concerning management forecast to financial performance.