Infosys ups revenue forecast as profit beats estimates [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 ups revenue forecast as profit beats street estimates BENGALURU (Reuters) - Infosys Ltd, India’s second-biggest IT company, raised its revenue forecast range for the year due to upbeat demand for its software services from Western clients. Bengaluru-headquartered Infosys said it expected revenue to grow between 10% and 10.5% on a constant currency basis in the year ending March 2020, compared with its previous forecast of between 9% and 10%. The company’s net profit for the three months to December rose 23.5% to 44.57 billion rupees ($628.2 million), thanks to deal wins. That compared with a profit of 36.09 billion rupees a year earlier. Analysts on average had expected Infosys to post a profit of 42.06 billion rupees, according to Refinitiv data. Sales were 7.9% higher at 230.92 billion rupees. “Overall performance during the quarter was satisfactory on multiple counts â?? broad-based growth, steady increase in client metrics and healthy large deal wins”, Pravin Rao, the comp
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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