Infosys Sales Forecast Falls Short as Clients Stay Cautious [Yahoo! Finance]
Infosys Limited American Depositary Shares (INFY)
Last infosys limited american depositary shares earnings: 4/21 04:00 pm
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Source: Yahoo! Finance
(Bloomberg) -- Infosys Ltd. forecast tepid sales growth for the year, a sign that overseas clients are limiting tech spending until the global economy picks up speed. Most Read from Bloomberg Dubai Grinds to Standstill as Flooding Hits City Elon Wants His Money Back Singapore Loses ‘World's Best Airport' Crown to Qatar Record Rainfall in Dubai? Blame Climate Change, Not Cloud Seeding Red Lobster Considers Bankruptcy to Deal With Leases and Labor Costs India's second-largest outsourcing provider said Thursday revenue will grow 1% to 3% on a constant-currency basis in the year through March 2025. That compared with the average analyst estimate of 6.2%. The company also projected an operating margin of 20% to 22%. “We've had good traction in large deals, some of which will flow through in the next year given the duration of those deals,” Infosys Chief Executive Officer Salil Parekh told a news conference in Bangalore. “Keeping that in mind, our growth guidance for next y
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INFY
Earnings
- 4/19/24 - Beat
INFY
Sec Filings
- 4/24/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/2/24 - Form 6-K
- INFY's page on the SEC website