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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