VSI Technologies Announces First Quarter FY 2025 Results for Period Ending June 30, 2025New York, NY and Hyderabad, India
- July 18, 2025: VSI Technologies (NASDAQ: VSI), a leading provider of enterprise-scale cloud, AI/ML, and digital modernization services, today reported its financial results under IFRS for the quarter ended June 30, 2025.Quarter Highlights:
- Gross Revenue: $2.9 billion, up 17 % Yo
Y
- Core Services Revenue: $2.4 billion, up 14 % Yo
Y
- Constant Currency Growth: +2.5 % Qo
Q, +17 % Yo
Y in core services
- Operating Margin: 16.2 %, down 150 bps Qo
Q due to strategic investments
- Net Income: $350 million; EPS: $0.78
- Workforce: 280,000 employees, net addition of 12,000"Our first-quarter performance reflects sustained demand across cloud modernization, AI-powered transformation, and federal digital innovation. Our strong pipeline and disciplined execution underpin these results," said the CEO of VSI.Strategic Wins and Client Momentum:
- Awarded a multi-year modernization contract with a major federal agency
- Selected by a global automaker for private 5G network rollout
- Expanded cloud and analytics services for a Fortune 50 financial services firm
Outlook
- Q2 FY25: VSI expects core services revenue of $2.45-$2.5 billion, representing 4-6 % sequential growth.Investor Call:The company will host a webcast at 10 a.m. ET on July 18, 2025. Replay details will be available in the Investor Relations section of VSI's website.About VSI:VSI Technologies is a trusted partner to U.S. public sector and enterprise clients, delivering cloud-native solutions, advanced AI/ML platforms, cybersecurity, and sustainable digital transformation across multiple industries. Learn more at www.vsitech.com.
