WIT - Wipro Beats Revenue Expectations In Q4 Anticipates Steady Growth Driven By Tech Demand | Benzinga
Technology services and consulting company Wipro Ltd (NYSE:WIT) shares are trading higher after the company reported fourth-quarter results.
The company reported gross revenue of INR222.1 billion ($2.67 billion), flat Q/Q, beating the consensus of $2.65 billion.
EPS of 7 cents was in line with the consensus.
IT Services revenue declined by 6.4% Y/Y to $2.66 billion. Adjusted constant currency IT Services segment revenue decreased by 6.6% Y/Y.
IT Services' operating margin for ...