Infosys Ltd Q3 income increases in line with estimates

Infosys Ltd (INFY) reported earnings for its third quarter that increased from last year in line with the Street estimates.

The company's earnings totaled $776 million, or $0.18 per share. This compares with $707 million, or $0.17 per share, in last year's third quarter.

Analysts on average had expected the company to earn $0.18 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 20.7% to $4.25 billion from $3.52 billion last year.

Infosys Ltd earnings at a glance:

-Earnings (Q3): $776 Mln. vs. $707 Mln. last year.
-EPS (Q3): $0.18 vs. $0.17 last year.
-Analyst Estimate: $0.18
-Revenue (Q3): $4.25 Bln vs. $3.52 Bln last year.

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