— Wipro Limited (NYSE: WIT) reported its third-quarter 2020 earnings of $0.06 per share, in line with the Wall Street projection.
— Gross revenue rose by 2.7% to $2.2 billion. This came in line with the consensus estimates.
— IT Services segment revenue grew by 2.2% sequentially to $2.09 billion. Non-GAAP constant currency IT Services segment revenue increased by 1.8% quarter-over-quarter.
— The company expanded operating margins by 0.3% aided by a favorable movement in the currency. The company remains focused on deepening customer relationships, converting funnel and winning large deals.
— Looking ahead into the fourth quarter, the company expects revenue from the IT Services business to be in the range of $2.095-2.137 billion. This translates to a sequential growth of 0-2%.
Adobe Systems Incorporated (NASDAQ: ADBE) reported second quarter 2021 earnings results today. Total revenue grew 23% year-over-year to $3.84 billion. GAAP net income was $1.11 billion, or $2.32 per share,
Shares of Delta Air Lines Inc. (NYSE: DAL) have gained 45% over the past 12 months and 11% since the beginning of this year. After a particularly distressful period, like
The Kroger Co. (NYSE: KR) reported first-quarter 2021 earnings results today. Total company sales were $41.3 billion compared to $41.5 billion in the same period last year. Excluding fuel, sales