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Infosys misses both Q2 profit and revenue estimates

Associated Press ·

INFY Infosys Ltd ADR
$12.35 -6.58%
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  1. 1Infosys Limited recorded a Q2 profit of $817 million.
  2. 2Infosys Limited announced Q2 earnings per share of 20 cents.
  3. 3Infosys Limited revenue of $5.15 billion for the period fell short of market expectations.

So what's the key point?

Infosys Limited reported Q2 profit and revenue that were lower than what experts expected. Revenue of $5.15 billion missed expectations, which was disappointing news for investors.

Source Associated Press · View original ↗

Related 3-line summaries

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