Investing.com - Infosys ADR reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Infosys ADR announced earnings per share of 0.13 on revenue of 3.12B. Analysts polled by Investing.com anticipated EPS of 0.12 on revenue of 3B.
Infosys ADR shares are up 2.62% from the beginning of the year and are trading at 10.59 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Infosys ADR follows other major Technology sector earnings this month
Infosys ADR's report follows an earnings beat by Oracle on Tuesday, June 16, 2020, who reported EPS of 1.2 on revenue of 10.44B, compared to forecasts EPS of 1.14 on revenue of 10.45B.
Accenture had beat expectations on Thursday, June 25, 2020 with third quarter EPS of 1.9 on revenue of 10.99B, compared to forecast for EPS of 1.86 on revenue of 10.72B.
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