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iGate profit falls short of expectations

Net income attributable to common shareholders was $5.4 million, or 7 cents per share

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Reuters New York
Last Updated : Jan 24 2013 | 2:11 AM IST

Outsourcing company iGate Corp posted a modestly lower- than-expected second-quarter profit.

Net income attributable to common shareholders was $5.4 million, or 7 cents per share, compared with a net loss of $1.8 million, or 2 cents per share, a year ago.

Excluding items, the company earned 28 cents per share, below analysts' estimates of 29 cents per share, according to Thomson Reuters.

 

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First Published: Jul 13 2012 | 4:43 PM IST

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