Infosys Ltd. (INFY) reported fourth quarter profit of $0.78 per ADS Friday morning, down from $0.81 per ADS last year. The consensus estimate was for EPS of $0.74. The company sees full year 2014 revenue growth of 6-10 percent from $7.398 billion generated in fiscal 2013. Analysts expect revenues of $8.25 billion for the year.
Infosys has gapped open sharply lower Friday and is now down 9.88 at $44.46 on above average volume. The stock has dropped to a 3-month low.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.