NEW YORK, Oct. 4, 2016
/PRNewswire/ -- Kerrisdale Capital, a private investment firm, has
released a report on Luxoft (NYSE: LXFT), a $1.7 billion high-end software development
company headquartered in Switzerland with leading programming talent in
the Central and Eastern European Region. While Luxoft's stock
experienced weakness this year, Kerrisdale believes that the low
stock price will prove temporary as Luxoft management continues to
diversify its customers and grow its employee base.
The full report can be found at http://kerr.co/lxft.
Kerrisdale has a long position in Luxoft and stands to benefit
if its share price increases.
Conference Call Schedule
Kerrisdale will host a
conference call on Tuesday, October 4,
2016 at 11:00am EDT to discuss
the Luxoft report.
To participate in the conference call, dial 888-567-1602 (US and
Canada) or 862-255-5346
(international) and reference the Kerrisdale Capital call.
A replay will be available following the call at
http://kerr.co/lxft-oct4.
About Kerrisdale Capital
Kerrisdale Capital
Management, LLC, is a fundamentally-oriented investment manager
that focuses on long-term value investments and event-driven
special situations.
Contact
Agnes Cao
Kerrisdale Capital
acao@kerrisdalecap.com
212-792-4385
Kerrisdale Capital Management, LLC is a member of the Financial
Industry Regulatory Authority, CRD number 160804.
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SOURCE Kerrisdale Capital Management, LLC