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Stock impact report

Infosys Earnings On Tap As Investors Eye Sales Growth Amid Investments [Investor's Business Daily]

Infosys Limited American Depositary Shares (INFY) 
Last infosys limited american depositary shares earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: infosys.com/investors
Related news Infosys reports fiscal second-quarter earnings early Tuesday, with analysts looking for more signs of revenue growth amid higher investments in digital technology by new chief executive Salil Parekh. Analysts estimate that Infosys ( INFY ) will report 6.8% revenue growth to $2.91 billion. Earnings will be flat from a year earlier at 13 cents per share, analysts predict. "For September quarter earnings, investors are likely to be focused on the magnitude of revenue growth acceleration, which will be critical to maintain full-year guidance," said Arvind Ramnani, a Keybanc Capital Markets analyst in a report. Infosys stock edged up 1.4% to 9.88 on the stock market today . The India-based computer services giant has stepped up investments under Parekh. Vishal Sikka resigned as CEO last year. That followed a dispute with the company's founder and ex-chairman. Infosys is looking for a new chief financial officer. Infosys competes with Tata Consultancy Services, Cognizant Techno Show less Read more
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