Luxoft EPS, Sales, Guidance, Stock Fly Higher

By | November 11, 2015

Scalper1 News

Luxoft (LXFT) stock gapped up to a new high Wednesday after the tech service firm late Tuesday reported earnings and revenue that beat Wall Street expectations. The third-party software developer also raised its fiscal 2016 guidance for profit and sales. Luxoft rose as much as 10% in the stockmarkettoday, above 77, and was up 7%, above 75, in afternoon trading. Luxoft reported second-quarter earnings minus items of 84 cents a share, up 45% from Scalper1 News

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