Tag Archives: infy

Infosys Sees Sectors Slow, Fiscal Q4 Revenue Misses

Infosys (INFY) rolled out little positive news for investors when it reported its fiscal fourth-quarter results and gave guidance late Monday, and Infosys stock was down in early trading Tuesday. Revenue for the quarter ended March 31 was lower than expected, as was its revenue forecast for the current year. The company reported strength among customers in manufacturing but weakness from clients in retail and financial services, Rahul Bhangare, an

Infosys Raises Full-Year Revenue Guidance, Stock Up

Infosys (INFY) stock rose Friday after the Indian tech outsourcer late Thursday topped Wall Street’s Q3 views and raised its sales guidance for the year. Infosys stock was up 6% in afternoon trading in the stock market today, near 60, at an 11-month high. The provider of software development and other tech services boosted its yearlong guidance for the fiscal year ending in March to 11.5% to 12% growth, CEO S.D. Shibulal told analysts on a