WIT - Why Indian IT Major Wipro Shares Are Higher Today | Benzinga
Technology services and consulting company Wipro Ltd (NYSE:WIT) shares are trading higher after the company reported third-quarter results.
The company reported gross revenue of INR222.1 billion ($2.67 billion), down 1.4% Q/Q, missing the consensus of $2.75 billion. EPS of $0.06 were in line with the consensus.
IT Services revenue declined by 2.1% Q/Q to $2.66 billion. Non-GAAP constant currency IT Services segment revenue decreased by 1.7% Q/Q.
IT Services’ operating ...