Revenue during the quarter grew 12.29 percent to $184.48 million from $164.28 million in the previous year period.

Cost of revenue plunged 60.24 percent or $90.18 million during the quarter to $59.52 million. Gross margin for the quarter stood at 67.73 percent.

Total expenses were $172.10 million for the quarter, down 48.43 percent or $161.63 million from year-ago period. Operating margin for the quarter was at 6.71 percent.

Operating income for the quarter was $12.38 million, compared with an operating loss of $169.45 million in the previous year period.

For financial year 2017, the company forecasts diluted earnings per share to be $1.92.

Net receivables were at $5,876.22 million as on Dec. 31, 2016, down 2.18 percent or $131.17 million from year-ago.

Investments stood at $896.98 million as on Dec. 31, 2016, up 16.49 percent or $126.94 million from year-ago.

Total assets declined 9.89 percent or $8,481.87 million to $77,256.27 million on Dec. 31, 2016. On the other hand, total liabilities were at $72,696.19 million as on Dec. 31, 2016, down 10.88 percent or $8,871 million from year-ago.

Return on assets moved down 60 basis points to 0.16 percent in the quarter. At the same time, return on equity moved down 815 basis points to 2.66 percent in the quarter.