SOUTHBOROUGH, Mass. (AP) _ Virtusa Corp. (VRTU) on Tuesday reported fiscal third-quarter net income of $25.4 million.

On a per-share basis, the Southborough, Massachusetts-based company said it had net income of 75 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to $1.03 per share.

The provider of information technology services posted revenue of $346.1 million in the period, which beat Street forecasts. Four analysts surveyed by Zacks expected $319.8 million.

Virtusa shares have risen slightly since the beginning of the year. The stock has increased 5% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VRTU at https://www.zacks.com/ap/VRTU

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