TECH - Infosys Adjusts FY24 Revenue Outlook After Q3 Beat Stock Ticks Higher | Benzinga
Infosys Ltd (NYSE: INFY) reported third-quarter revenue growth of 0.1% year-on-year to $4.66 billion, beating the consensus of $4.63 billion.
Revenues in constant currency (CC) terms declined by 1.0% Y/Y and Q/Q. TCV of significant deal win was $3.2 billion.
The operating margin declined by 100 bps to 20.5%. EPS of $0.18 was in line with the consensus of $0.18, down from $0.19 a year ago.
Infosys held $2.6 ...