Infosys Limited (INFY) Reports In-Line Q2 EPS; Updates FY17 Outlook

Infosys Limited (NYSE: INFY) reported Q2 EPS of $0.24, in-line with the analyst estimate of $0.24. Revenue for the quarter came in at $2.59 billion versus the consensus estimate of $2.6 billion.

Outlook

The Company's revenue outlook (consolidated) for the fiscal year ending March 31, 2017, under IFRS is as follows:

• Revenues are expected to grow 8.0% - 9.0% in constant currency*
• The above constant currency guidance translates to 8.2% - 9.2% in USD terms based on March 31st rates, 7.5% - 8.5% based on June 30th rates and 7.5% - 8.5% based on September 30th rates

For earnings history and earnings-related data on Infosys Limited (INFY) click here.

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