Luxoft Holding Inc. Compiles an Underwhelming Quarter
Luxoft Holding (NYSE: LXFT) announced weaker-than-expected fiscal first-quarter results on Thursday after the market closed, highlighting a seasonal slowdown and sluggish sales to the software development specialist's top two clients. Still, sales growth to smaller accounts remained strong. And similar to last quarter, Luxoft managed to sustain exceptional growth in the automotive and telecom sectors.
Let's have a closer look at what Luxoft achieved over the past few months, as well as what investors can expect from the company going forward.
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Source: Fool.com
