real-time news and commentary for investors
Friday, Oct 11
Infosys higher on strong revenue growth, guidance upped
- Infosys (INFY): FQ2 EPADS $0.73 (excl. prov. of $35M for visa related matter) vs consensus of $0.70.
- Net Profit -11.1% to $383M. Sales +15% to $2.06B vs $2.01B consensus.
- Increases forecast for revenue growth in FY 2014 to 9-10%.
- Net addition of 2,964 employees.
- The board declares interim dividend of $0.32/share.
- Shares +5.1% in Mumbai. (PR)