Investing.com - Infosys ADR reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Infosys ADR announced earnings per share of 0.17 on revenue of 3.51B. Analysts polled by Investing.com anticipated EPS of 0.158 on revenue of 3.42B.
Infosys ADR shares are up 9.73% from the beginning of the year and are trading at 18.60 , 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 Accenture on Thursday, December 17, 2020, who reported EPS of 2.17 on revenue of 11.76B, compared to forecasts EPS of 2.05 on revenue of 11.28B.
Micron had beat expectations on Thursday, January 7, 2021 with first quarter EPS of 0.78 on revenue of 5.77B, compared to forecast for EPS of 0.6842 on revenue of 5.66B.
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