Investing.com - Infosys ADR reported on Thursday second quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Infosys ADR announced earnings per share of ₹0.18 on revenue of ₹4.56. Analysts polled by Investing.com anticipated EPS of ₹0.18 on revenue of ₹4.5B.
Infosys ADR shares are down 32.44% from the beginning of the year and are trading at ₹17.69 , down-from-52-week-high.
Infosys ADR shares gained 3.45% in pre-market trade the report.
Infosys ADR follows other major Information Technology sector earnings this month
Infosys ADR's report follows an earnings beat by Taiwan Semiconductor on Thursday, who reported EPS of ₹1.79 on revenue of ₹20.23B, compared to forecasts EPS of ₹1.66 on revenue of ₹19.65B.
Accenture had beat expectations on Thursday, September 22, 2022 with fourth quarter EPS of ₹2.6 on revenue of ₹15.42B, compared to forecast for EPS of ₹2.57 on revenue of ₹15.39B.
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