Categories AlphaGraphs, Earnings, Technology
Infographic: Highlights of Infosys’ (INFY) Q1 2023 earnings results
Software giant Infosys Limited (NYSE: INFY) on Monday reported financial results for the first quarter of 2023. Earnings declined despite an increase in revenues, hurt by a spike in costs.
First-quarter net income declined to $689 million or $0.16 per share from $705 million or $0.17 per share in the same period last year. The latest number also missed analysts’ forecasts. Meanwhile, revenues increased 18% year-over-year to $4.44 billion and beat the estimates by a slight margin.
Check this space to read management/analysts’ comments on Infosys’ Q1 2023 earnings
“Our strong overall performance in Q1 amidst an uncertain economic environment is a testament to our
innate resilience as an organization, our industry-leading digital capabilities, and continued client relevance.
We continue to gain market share and see a significant pipeline driven by our Cobalt cloud capabilities and
differentiated digital value proposition,” said Salil Parekh, CEO of Infosys.
Prior Performance
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
