Infosys Ltd Reveals Gain In Q1 Earnings

Infosys Ltd (INFY) revealed earnings for its first quarter that increased from the same period last year.

The company's profit came in at $705 million, or $0.17 per share. This compares with $564 million, or $0.13 per share, in last year's first quarter.

Analysts had expected the company to earn $0.17 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 21.2% to $3.78 billion from $3.12 billion last year.

Infosys Ltd earnings at a glance:

-Earnings (Q1): $705 Mln. vs. $564 Mln. last year.
-EPS (Q1): $0.17 vs. $0.13 last year.
-Analysts Estimate: $0.17
-Revenue (Q1): $3.78 Bln vs. $3.12 Bln last year.

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