Categories AlphaGraphs, Earnings, Technology
Infographic: Infosys (INFY) Q2 revenue up 14% YoY; earnings meet estimates
Infosys Limited (NYSE: INFY) on Thursday reported financial results for the second quarter of 2023. The software giant’s revenues grew by 14%. The top line also exceeded the forecast, while earnings came in line with the Street view.
Second-quarter revenues of the India-based tech firm, on a reported basis, increased 14% year-over-year to $4.56 billion. The top line surpassed estimates by a small margin.
Net income attributable to the company for the three-month period was $749 million or $0.18 per share, compared to $734 million or $0.17 per share in the second quarter of 2022. The latest number matched analysts’ forecasts.
Check this space to read management/analysts’ comments on quarterly reports
Infosys’ stock traded higher on the New York Stock Exchange early Thursday. It has lost about 29% since the beginning of the year.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
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,
