Virtusa Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2011. For the quarter, the company reported revenue of $72,184,000, income from operations of $6,578,000, income before income tax expense of $7,358,000 and net income of $5,594,000 or $0.22 per diluted share compared to reported revenue of $55,606,000, income from operations of $4,984,000, income before income tax expense of $4,978,000 and net income of $4,206,000 or $0.17 per diluted share for the same period a year ago. Cash flows from operating activities were $8.5 million. Capital expenditures were $2.5 million in the December quarter, inclusive of $1.3 million for spending on the Hyderabad campus. For the nine months, the company reported revenue of $203,540,000, income from operations of $16,832,000, income before income tax expense of $18,457,000 and net income of $14,237,000 or $0.56 per diluted share compared to reported revenue of $159,685,000, income from operations of $12,129,000, income before income tax expense of $12,263,000 and net income of $10,974,000 or $0.45 per diluted share for the same period a year ago. Net cash provided by operating activities was $9,765,000 against $13,363,000 for the same period a year ago. Purchase of property and equipment was $10,233,000 against $7,529,000 for the same period a year ago. The company provided earnings guidance for the fourth quarter and full year 2012. Fourth quarter fiscal 2012 revenue is expected to be in the range of $73.5 million to $75.5 million, with diluted EPS of $0.21 to $0.25. Fiscal year 2012 revenue is expected to be in the range of $277 million to $279 million, with diluted EPS of $0.77 to $0.81. The company expects the annual effective tax rate to be 22.2%. The company continue to anticipate the spending on Hyderabad campus in the fiscal year 2012 will be approximately $4.5 million.