Infosys Limited (NYSE:INFY) Reports 2Q20 Earnings Below Analysts View

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Infosys Limited (NYSE:INFY) released second quarter financial results before market open today.

The company INFY announced income for the second quarter of $ 572.00 million or $ 0.13 per share, compared to income of $ 581.00 million or $ 0.13 per share, in the same quarter last year., while Wall street analysts are predicting, income of $ 0.14 per share

INFY posted revenue for second quarter improved 9.89 percent to $ 3210.00 million from $ 2921.00 million in the same quarter last year, where as Wall street analysts are predicting revenue of $ 3193.57 million

Analysts estimates are from Thomson Reuters, exclude one time gain or loss.

Salil Parekh, CEO and MD, commented, Our performance was robust on multiple dimensions – revenue growth, digital growth, operating margins, operational efficiencies, large deal signings and reduction in attrition All these are clear signs that we are progressing well in our journey of client-centricity and maximizing value for our stakeholders.

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