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Infosys ( (INFY) ) has issued an update.
Infosys announced its financial results for the quarter and nine months ended December 31, 2024, on January 16, 2025, reporting strong growth in revenues and operating margins. The company saw a 6.1% year-on-year revenue increase in constant currency terms and significantly expanded its operating margin. Furthermore, the company experienced its highest-ever free cash flow, reflecting robust financial health. Infosys has revised its FY25 revenue guidance and continues to enhance its enterprise AI capabilities, contributing to substantial large deal wins and a growing deal pipeline. The company’s strategic collaborations with various enterprises aim to accelerate digital transformation and innovation, positioning Infosys as a key player in driving technological advancement across industries.
More about Infosys
Infosys Limited is a global leader in next-generation digital services and consulting. The company primarily operates in the IT sector, offering a wide range of services such as digital transformation, cloud services, and AI solutions. Infosys focuses on delivering innovative solutions across various industries to enhance client operations and technological capabilities.
YTD Price Performance: -6.32%
Average Trading Volume: 7,433,481
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $87.17B
For a thorough assessment of INFY stock, go to TipRanks’ Stock Analysis page.
