Infosys Limited (INFY) Tops Q2 EPS by 1c
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Needham & Company Reiterates Hold on Infosys Limited (INFY) Following 2Q Results
October 12, 2015 2:08 PM EDTNeedham & Company reiterated a Hold rating on Infosys Technologies (NYSE: INFY) following the company's 2Q earnings results. Revenue rose 6% Q/Q and 8.7% Y/Y to $2,392 million, above consensus of $2,334 million. Management reduced FY16 revenue guidance to 6.4-8.4% from 7.2-9.2% Y/Y growth, reflecting currency headwinds.... More
