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Infosys Profit Rises 15.4% but Misses Views
By Joseph Woelfel 07/12/11 - 04:32 AM EDTAdd
MYSORE, India (TheStreet) -- Infosys(INFY_), India's No. 2 outsourcing software company, said consolidated net profit in the fiscal first quarter rose 15.4% to $387 million, but the figures missed market expectations.
Revenue in the quarter rose about 21% to $1.67 billion.
The stock fell nearly 6% in Mumbai.
http://www.thestreet.com/_yahoo/story/1 ... &cm_ite=NA
Infosys Profit Rises 15.4% but Misses Views
By Joseph Woelfel 07/12/11 - 04:32 AM EDTAdd
MYSORE, India (TheStreet) -- Infosys(INFY_), India's No. 2 outsourcing software company, said consolidated net profit in the fiscal first quarter rose 15.4% to $387 million, but the figures missed market expectations.
Revenue in the quarter rose about 21% to $1.67 billion.
The stock fell nearly 6% in Mumbai.
http://www.thestreet.com/_yahoo/story/1 ... &cm_ite=NA