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.
Stocks you may like:
International Business Machines Corp. (IBM) Stock
TC BioPharm develops safer, less expensive products to target more cancers: CEO Bryan Kobel
TC BioPharm (NASDAQ: TCBP) is a clinical-stage cell therapy company focused on the development of treatments for infectious diseases, including advanced allogeneic chimeric antigen receptor (CAR) T-cell therapy products for
Cintas Corp. (CTAS) Q3 2023 earnings and revenue increase
Uniform rental company Cintas Corporation (NASDAQ: CTAS) on Wednesday announced financial results for the third quarter of 2023, reporting higher earnings and revenues. At $2.19 billion, third-quarter revenues were up
Infographic: Micron (MU) reports net loss for Q2; revenue down 53%
Micron Technology Inc. (NASDAQ: MU) slipped to a loss in the second quarter of 2023 from a profit last year, hurt by a sharp fall in revenues. The chipmaker reported