Infosys Limited (INFY) Tops Q2 EPS by 1c, Miss on Revenues
Infosys Limited (NYSE: INFY) reported Q2 EPS of $0.25, $0.01 better than the analyst estimate of $0.24. Revenue for the quarter came in at $2.73 billion versus the consensus estimate of $2.77 billion.
- Revenues were $2,728 million for the quarter ended September 30, 2017
- QoQ growth of 2.9% in reported terms; 2.2% in constant currency terms
- YoY growth of 5.4% in reported terms; 4.6% in constant currency terms
- Operating profit was $659 million for the quarter ended September 30, 2017
- QoQ growth of 3.4%; YoY growth of 2.4%
- Net profit was $578 million for the quarter ended September 30, 2017
- QoQ growth of 7.0%; YoY growth of 7.3%
- Q2 revenues grew sequentially by 2.9% in USD terms; 2.2% in constant currency terms
- Q2 revenues grew 5.4% year-on-year in USD terms
- Q2 operating margin at 24.2%, as compared to 24.1% in Q1 18
- Q2 net margins improved to 21.2%, as compared to 20.4% in Q1 18
- Q2 Basic EPS was $ 0.25, sequential growth of 7.0% and year-on-year growth of 7.3%
- H1 year-on-year revenue growth at 5.7% in reported terms; 5.5% in constant currency terms
- Liquid assets including cash and cash equivalents and investments were at $6,340 million as on September 30, 2017
- Utilization excluding trainees at all-time high of 84.7%
- Declared interim dividend of `13 per share, compared to an interim dividend of `11 per share in FY 17
- FY 18 revenue guidance at 5.5%-6.5% in constant currency. Operating margin guidance unchanged at 23%-25%
For earnings history and earnings-related data on Infosys Limited (INFY) click here.
