Wipro Limited (WIT): Q2 2020 Earnings Snapshot

— Wipro Limited (NYSE: WIT) reported second-quarter 2020 earnings of $0.06 per share, in line with Wall Street projection

— Revenues grew 4% to $2.14 billion, vs. $2.13 billion expected.

— In Q2, IT Services revenue grew 2.5% to $2.05 billion.

— Wipro expects IT Services revenue to be $2.065 to $2.106 billion in the third quarter.

— WIT shares gained 1% immediately following the announcement.

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