Infosys sticks to revenue growth guidance as quarterly profit rises [Reuters]
Infosys Limited American Depositary Shares (INFY)
Last infosys limited american depositary shares earnings: 4/21 04:00 pm
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Source: Reuters
Infosys sticks to revenue growth guidance as quarterly profit rises | Reuters 4 Min Read MUMBAI/BENGALURU (Reuters) - Infosys Ltd retained its revenue forecast for the current financial year, with the chief of India’s second largest IT firm saying the demand for its services remained strong. Infosys was beginning to make progress on a three-year roadmap, Chief Executive Salil Parekh told a news conference on Tuesday, after the company posted quarterly net profit that exceeded estimates. Parekh has set out a three-year plan for Infosys - the first year in fiscal 2019 to stabilise, the second year to start to build momentum and the third year to start to accelerate. “We see a strong demand outlook, we see good fundamentals in the U.S., we see strong macro in the continental European market,” Parekh said. “Our deal wins are strong in Q2, also strong in Q1,” he added, as the company maintained its 6-8 percent revenue growth guidance for the year to March in constant currency terms. “All i
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- INFY's page on the SEC website