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0.000596480763495471 0.00238592305398146 0.000596480763495471 0.000298240381747629 0.00238592305398146 -0.0119296152699075 -0.0128243364151506 -0.0178944229048614
Stock impact report

Infosys Stock Falls After Q4 Earnings - What's Going On? [Yahoo! Finance]

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
Company Research Source: Yahoo! Finance
Revenues in constant currency (CC) terms remained flat year over year and declined by 2.2% quarter over quarter . EPS of $0.23 beat the Street analyst estimate of $0.17, up from $0.18 a year ago. TCV's significant deal win was $4.5 billion. The operating margin declined by 90 bps to 20.1%. Infosys held $1.8 billion in cash and equivalents as of March 31, 2024. It generated a free cash flow of $848 million, which grew 18.9% year-over-year at a conversion of 88.4% of net profit. "We delivered the highest ever large deal value in the financial year 2024. This reflects the strong trust clients have in us. Our capabilities in Generative AI continue to expand. We are working on client programs leveraging large language models with impact across software engineering, process optimization, and customer support," said Salil Parekh, CEO and MD. Infosys ended the fourth quarter with 317,240 employees , a reduction of 25,994 from last year. Dividend: For fiscal 2024, the Board recommen Show less Read more
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