This past year's results affirmed our ability to scale for growth.

Symphony Services' unprecedented growth over the past three years has been a direct result of our ability to capitalize on the rising demand in India for high-value work. By engaging in full lifecycle product development and analytics services, Symphony increasingly brings greater value to its clients and deepens its commitment to not only leading the world in these emerging categories, but to taking India's economy up the value chain with it.

Over the past two months, we have lost some confidence in the company's ability to generate the growth necessary to meet our estimates.

Many investors got burned badly by speculative growth, dot-com and concept stocks in the late 1990s. Seeing an ongoing regular cash return from an investment, therefore, made conservative investing and its income component much more attractive.

They've really played just as good as the team that I had the past two years.

We are pleased with the results of the quarter, particularly our ability to achieve revenue growth in what is usually a sequentially down quarter in our industry.