Infosys (INFY) Gains 8% on In-Line Q1 Earnings, Solid Sales View
Infosys(INFY) ZACKS·2024-07-19 22:56
The company's fiscal first-quarter revenues improved 2.1% to $4.71 billion from the year-ago quarter's revenues of $4.62 billion. The top line also surpassed the Zacks Consensus Estimate of $4.67 billion. In terms of constant currency (cc), the metric improved by 2.5%. Infosys Limited (INFY) shares soared 8.4% on Thursday after the India-based IT services provider reported strong first-quarter fiscal 2025 results. The company's upbeat sales guidance for fiscal 2025 also boosted investors' confidence in the ...