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Infosys' Fiscal Q1 Earnings, Revenue Rise; 2025 Revenue Guidance Raised
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Infosys' Fiscal Q1 Earnings, Revenue Rise; 2025 Revenue Guidance Raised
Jul 18, 2024 4:22 AM

06:51 AM EDT, 07/18/2024 (MT Newswires) -- Infosys ( INFY ) reported fiscal Q1 earnings of $0.18 per diluted share, up from $0.17 a year earlier.

Analysts polled by Capital IQ expected $0.18.

Revenue for the quarter ended June 30 was $4.71 billion, up from $4.62 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.66 billion.

The Indian digital service provider said it now expects fiscal 2025 revenue growth of 3% to 4% in constant currency, compared with its previous guidance of a 1% to 3% rise.

Shares of Infosys ( INFY ) were up 4.7% in recent Thursday premarket activity.

Price: 21.46, Change: +0.93, Percent Change: +4.53

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