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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