IGATE Q2 Profit Rises - Quick Facts

(RTTNews) - iGATE Corp. (IGTE) reported that its second-quarter net income attributable to shareholders increased to $22.10 million from $5.38 million last year. Earnings per share from operations was $0.28, compared to $0.07 prior year.

Adjusted net income attributable to shareholders was $34.51 million, compared to $21.46 million prior year. Adjusted profit per share from operations increased to $0.44 from $0.28 prior year.

On average, eight analysts polled by Thomson Reuters expected the company to report profit of $0.34 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $283.27 million from $267.99 million last year. Analysts expected revenue of $279.21 million for the quarter.