Luxoft Holding Inc. updated its outlook for its financial year ending March 31, 2018.
The company now expects revenue for the financial year to be at least $920 million, down from the initially announced $943 million. Adjusted EBITDA margin is projected to be between 15.5% to 16.5%, compared with the previous guidance of 17.0% to 19.0%.
The company now anticipates GAAP EPS of at least $1.53 and non-GAAP EPS of at least $2.85 for the year. Previously, the company anticipated GAAP EPS of at least $1.90 and non-GAAP EPS of at least $3.26 for the period.
The S&P Capital IQ consensus normalized EPS estimate for the year is $2.86.