INFY Stock Recent News

Infosys' (INFY) Q4 performance reflects the negative impact of rescoping and renegotiation of one of the large contracts and current uncertain macroeconomic environment in BFSI.

Shares of Infosys fell as much as 2.9% on Friday, a day after India's No.2 software services exporter forecast annual revenue below expectations, raising doubts over predictions of early recovery in the sector.

Infosys Limited (NYSE:INFY ) Q4 2024 Earnings Conference Call April 18, 2024 8:30 AM ET Company Participants Sandeep Mahindroo - Head of IR Salil Parekh - CEO and MD Jayesh Sanghrajka - CFO Conference Call Participants Moshe Katri - Wedbush Securities Ankur Rudra - JPMorgan Chase & Company Kawaljeet Saluja - Kotak Kumar Rakesh - BNP Paribas Keith Bachman - Bank of Montreal Gaurav Rateria - Morgan Stanley Bryan Bergin - TD Cowen Ashwin Mehta - Ambit Capital Sandeep Shah - Equirus Securities Vibhor Singhal - Nuvama Equities Surendra Goyal - Citigroup Nitin Padmanabhan - Investec Prashant Kothari - Pictet Asset Management Operator Ladies and gentlemen, good day, and welcome to Infosys Limited Earnings Conference Call. [Operator Instructions] Please note that this conference is being recorded.

While the top- and bottom-line numbers for Infosys (INFY) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Shares of Infosys Ltd. continued their selloff Thursday toward a 10-month low, after the India-based information-technology consultant reported fiscal fourth-quarter revenue that missed expectations, and said a contract with a large customer was reduced.

American depository shares in Infosys (NASDAQ:INFY) fell 8% in pre-market trading as the Indian software giant gave underwhelming guidance for the coming year, indicating that corporations are still cutting back on spending for software and IT projects.   Revenue for the fourth quarter of its 2024 fiscal year was US$4.66 billion, down 1.2% from the preceding quarter.

Depending on who you ask, a recession  is either right around the corner, or the stock market is ready to rattle off a seismic bull run.

Infosys (INFY) and PROG Holdings collaborate to improve the latter's operations by implementing solutions based on cloud and artificial intelligence.

Infosys (INFY) is reshaping the 2024 Australian Open, introducing cutting-edge AI applications that redefine fan engagement, player performance analysis and digital content creation.

Consultants are back in business as demand for IT spending jumps. Kyndryl (KD) stock price has surged to its highest point since November 2021 after jumping by over 169% from its lowest point in 2022.