Investing.com - Infosys ADR reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Infosys ADR announced earnings per share of 0.16 on revenue of 3.61B. Analysts polled by Investing.com anticipated EPS of 0.1626 on revenue of 3.62B.
Infosys ADR shares are up 8.61% from the beginning of the year and are trading at 18.41 , 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 Adobe on Tuesday, March 23, 2021, who reported EPS of 3.14 on revenue of 3.91B, compared to forecasts EPS of 2.79 on revenue of 3.75B.
Accenture had beat expectations on Thursday, March 18, 2021 with second quarter EPS of 2.03 on revenue of 12.09B, compared to forecast for EPS of 1.89 on revenue of 11.8B.
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