Infosys: Fiscal Q4 Earnings Snapshot


BANGALORE, India (AP) – BANGALORE, India (AP) – Infosys Limited (INFY) on Thursday reported fiscal fourth-quarter earnings of $744 million.

On a per-share basis, the Bangalore, India-based company said it had net income of 18 cents.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share.

The business consulting services provider posted revenue of $4.55 billion in the period, which also missed Street forecasts. Five analysts surveyed by Zacks expected $4.73 billion.

For the year, the company reported profit of $2.98 billion, or 71 cents per share. Revenue was reported as $18.21 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INFY at https://www.zacks.com/ap/INFY


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