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Infosys Ltd. (INFY) Fell To A 3-Month Low After Q4 Report

Infosys Ltd. (INFY) reported fourth quarter EPS of $0.26 Friday morning, up from $0.24 in the previous year. Analysts expected EPS of $0.25. Revenues were $2.805 billion, compared to street expectations of $2.78 billion.

Infosys gapped open lower Friday and declined during the first hour of trade. The stock finished with a loss of 1.39 at $16.62 with volume at nearly an 8-month high. Infosys dropped to a 3-month low.

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