Infosys reports upside Q2 revenue, reaffirms guidance [Seeking Alpha]
Infosys Limited American Depositary Shares (INFY)
Last infosys limited american depositary shares earnings: 4/21 04:00 pm
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Source: Seeking Alpha
Infosys reports upside Q2 revenue, reaffirms guidanceInfosys (NASDAQ:INFY)gains 0.9% premarket after Q2 results beat revenue estimates with a 7% Y/Y growth and EPS met consensus. FY19 revenue guidance is reiterated at a 6% to 8% growth with operating margin of 22% to 24%.Key metrics: Digital revenue, $905M (+34% Y/Y); operating margin, 23.7%; large deal wins, $2B+; cash and equivalents, $2.5B.Press release.Previously:Infosys Limited EPS in-line, beats on revenue(Oct. 16)See all stocks on the move »Now read:IHS Markit +1.7% on Q3 beats, mixed FY guide »Subscribefor full text news in your inbox
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INFY
News
- Infosys Limited (NYSE: INFY) had its price target lowered by analysts at BMO Capital Markets from $21.00 to $18.00. They now have a "market perform" rating on the stock.MarketBeat
- Infosys (INFY) Q4 Earnings and Revenues Surpass Estimates [Yahoo! Finance]Yahoo! Finance
- Infosys Limited (NYSE:INFY) Q4 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Infosys Limited (NYSE: INFY) had its price target lowered by analysts at Susquehanna from $15.00 to $14.00. They now have a "negative" rating on the stock.MarketBeat
- Infosys Limited (NYSE: INFY) had its "hold" rating re-affirmed by analysts at HSBC Holdings plc. They now have a $20.10 price target on the stock.MarketBeat
INFY
Earnings
- 4/19/24 - Beat
INFY
Sec Filings
- 4/18/24 - Form 6-K
- 4/2/24 - Form 6-K
- 2/22/24 - Form 6-K
- INFY's page on the SEC website