UPDATE 2-India's Infosys raises revenue guidance, but Q3 profit misses estimate [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
India's Infosys raises revenue guidance, but third-quarter profit misses estimate | Reuters 3 Min Read BENGALURU/MUMBAI (Reuters) - Infosys Ltd, India’s second-biggest IT services company, on Friday raised its revenue growth forecast on the back of robust demand for its core services as well as its latest digital offerings from its Western clients. Bengaluru-headquartered Infosys upped its revenue growth guidance to 8.5-9 percent in constant currency terms for the fiscal year ending March 2019, from 6-8 percent previously. The company has a healthy pipeline of projects and deal wins across all its segments, Chief Executive Salil Parikh told a news conference. “Our segments are doing well, both of our main digital and core services are doing well and that’s giving us some confidence for the guidance for revenue,” Parikh said. For the quarter to the end of December, Infosys reported a 29.6 percent fall in net profit to 36.09 billion rupees ($512 million). That compared with the 41.31 bi
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Earnings
- 4/19/24 - Beat
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Sec Filings
- 4/24/24 - Form 6-K
- 4/18/24 - Form 6-K
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- INFY's page on the SEC website