Infosys Ltd Watchlist
Earnings Update | Infosys: Raises Revenue Growth Guidance
187 Views, 12 Jan 2022 22:06
- Infosys reported strong Q3FY22 earnings with constant currency (CC) sequential growth of 7%, despite weak seasonality. YoY CC growth at 21.5% is the highest ever over the past 11 years.
- Large deal wins and continued momentum in digital revenue growth helped Infosys Ltd (INFO IN) to post a strong Q3. Share of digital revenues grew to 58.5% vs 50.1% YoY.
- On the back of strong Q3FY22 earnings, Infosys raised its FY22 revenue growth guidance to 19.5-20% vs 16.5%-17.5% earlier.