Get Stock Quote Here Infosys Limited (INFY) (formerly Infosys Technologies Limited) is an Indian multinational corporation that provides business consulting, information technology, research, development, software engineering and outsourcing services. It is headquartered in Bangalore, Karnataka. Infosys is the second-largest India-based IT services company by 2014 revenues, and the fifth largest employer of H-1B visa professionals in the United States in FY 2013. On 15 February 2015, its market capitalisation was ₹ 263,735 crores ($42.51 billion), making it India's sixth largest publicly traded company.
Infosys Ltd ADR (INFY) Stock Rises on Solid Earnings, Guidance, Wage Hike India’s second-largest IT company has reported 4Q earnings results, wherein it posted in-line EPS, but beat the revenue forecast Infosys Ltd. (INFY) shares are up almost 6% during the pre-market hours today. INFY stock jumped after the company announced better-than-expected fourth quarter of fiscal 2016 (4QFY16) earnings results and FY17 guidance, as it obtained new contracts for information technology (IT) services. The company disclosed earnings per share (EPS) of $0.23, which were in line with the analysts’ estimate. Revenue for the period clocked in at $2.45 billion, which topped the Street’s expectation of $2.43 billion. Read full article here: http://www.bidnessetc.com/67258-infosys-adr-infy-stock-rises-solid-earnings-guidance-wage-hike/
