Categories AlphaGraphs, Earnings, Technology
Infosys (INFY) Q3 Earnings: Key numbers and performance
Infosys Limited (NYSE: INFY) reported third-quarter 2021 earnings results Wednesday. Revenue increased to $3.5 billion from $3.2 billion last year. Analysts had expected revenue of $3.38 billion.
The net profit rose to $705 million from $626 million, while earnings per share increased from $0.15 to $0.17, compared to analysts’ estimate of $0.15 per share.
Digital revenues surpassed 50% of total revenue, with a year-on-year growth of 31.3% in constant currency.
“The Infosys team has delivered another quarter of excellent results. Execution of client-relevant strategy focused on digital transformation continues to drive superior growth, well ahead of the industry,” said Salil Parekh, CEO, and MD of the company.
Infosys’ stock closed at $18.76 on Tuesday evening. It rose 3% on Wednesday morning after the press release.
Looking for more insights?
Read the full conference call transcript here. It’s free!
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and
