Published on 19 Apr 2024 on Zacks via Yahoo Finance
Infosys (INFY) Q4 Earnings and Revenues Surpass Estimates
Infosys Limited INFY ended fiscal 2024 on a strong note with better-than-expected financial results for the fourth quarter. The company reported fourth-quarter fiscal 2024 earnings of 23 cents per share, beating the Zacks Consensus Estimate of 17 cents per share. The bottom line also improved 28.9% from the year-ago quarter’s earnings of 18 cents per share.
The company’s fiscal fourth-quarter revenues marginally improved to $4.56 billion from the year-ago quarter’s revenues of $4.54 billion. The top line also surpassed the Zacks Consensus Estimate of $4.49 billion. In terms of constant currency (cc), the metric remained flat.