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.
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