Vanceinfo Technologies Inc (VIT)

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Day's Range
0.0000.000
52 wk Range
0.0000.000
Key Statistics
Prev. Close
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Open
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Day's Range
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52 wk Range
0-0
Volume
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Average Volume (3m)
140.53K
1-Year Change
2.16%
Book Value / Share
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Vanceinfo Technologies Inc Company Profile

As of November 9, 2012, VanceInfo Technologies Inc. was acquired by Pactera Technology International Ltd. VanceInfo Technologies Inc., together with its subsidiaries, engages in providing information technology (IT) consulting services. The company provides research and development services in various phases of development, including requirements analysis, concept generation, product realization, quality assurance and testing, and technology and information transfer; and develops various software products comprising middlewares, Internet protocols, and other software. It also offers various services in enterprise solutions, including packaged evaluation and selection, packaged implementation, customization, regional rollout, version upgrades, and business intelligence/data warehouse, as well as enhancement, maintenance, and product support services in enterprise resource planning, customer relationship management, supply chain management, enterprise application integration, and system support and maintenance solutions. In addition, the company provides application development and maintenance services that design, develop, and implement software solutions to meet various client requirements; and offers maintenance services for software systems, which include modifications and enhancements to the system and product support. Further, it offers customized and automated testing practices, such as functional testing, globalization and localization testing, automation testing, performance testing, remote testing, and test process consulting; and globalization and localization services that comprise software and content localization, localization engineering, localization testing, internationalization engineering, and internationalization testing. It serves telecommunications, technology, banking, financial services, insurance, travel services, manufacturing, and retail and distribution industries primarily in China, the United States, Europe, and Japan. VanceInfo Technologies Inc. was founded in 1995 and is headquartered in Beijing, the People’s Republic of China.

Employees
15302

Vanceinfo Technologies Inc Earnings Call Summary for Q4/2024

  • Q4 2024 sales up 25% to 927M SEK; full-year sales rose 20% to 3.3B SEK; EPS grew 19%; recurring revenue at 87%
  • VITAC expanded into Belgium with 7 acquisitions in 2024; operates across 45 business units in various sectors
  • Company targets 20%+ operating margin; expects 3% price tailwind from CPI-linked increases in 2025
  • CEO emphasizes product focus, financial discipline, and reliability; next earnings report due February 24, 2025
  • Challenges include wage inflation, acquisition integration, economic fluctuations, and maintaining high recurring revenue
Last Updated: 05/02/2025, 10:44
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Earnings

Latest Release
Feb 26, 2019
EPS / Forecast
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Revenue / Forecast
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EPS Revisions
Last 90 days

VIT Income Statement

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