Categories AlphaGraphs, Earnings, Technology
INFY Earnings: Everything you need to know about Infosys’ Q1 24 results
Infosys (NYSE: INFY) on Thursday reported results for the first quarter of 2024. The software company also provided guidance for the full fiscal year.
First-quarter revenues increased to $4.62 billion from $4.44 billion in the comparable period of 2023. At $724 million, net profit was up 5% from the year-ago quarter. On a per-share basis, June-quarter earnings increased to $0.17 from $0.16 last year.
“We had a solid Q1 with a growth of 4.2% and large deals of $2.3 billion which helps us to set a strong foundation for future growth. Our generative AI capabilities are expanding well, with 80 active client projects. Topaz, our comprehensive AI offering, is resonating well with clients. We see this being transformative for clients and enhancing our overall service portfolio,” said Infosys’ CEO Salil Parekh.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Signet Jewelers (SIG) Q4 2025 Earnings fall on lower sales
Signet Jewelers Limited (NYSE: SIG) on Wednesday reported a decrease in adjusted earnings and net sales for the fourth quarter of 2025. Fourth-quarter sales declined 6% to $2.35 billion from
Paychex (PAYX) gears up for Q3 earnings with focus on business expansion
Paychex Inc. (NASDAQ: PAYX), a leading provider of human resources and payroll services, is expanding its artificial intelligence capabilities to stay relevant in the evolving HR landscape, while also increasing
What to look for when KB Home (KBH) reports Q1 2025 earnings results
Shares of KB Home (NYSE: KBH) dropped 1% on Tuesday. The stock has dropped 14% over the past three months. The homebuilder is slated to report its first quarter 2025