Infosys Expects FY25 Revenue Growth of 3%-4% (Prior 1%-3%) in Constant Currency Vs $19.04B Est, Reiterated Operating Margin of 20%-22%
Portfolio Pulse from Anusuya Lahiri
Infosys has updated its revenue growth forecast for FY25 to 3%-4% in constant currency, up from the previous 1%-3%. The company also reiterated its operating margin guidance of 20%-22%.
July 18, 2024 | 11:09 am
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Infosys has increased its FY25 revenue growth forecast to 3%-4% from the previous 1%-3% and reiterated its operating margin guidance of 20%-22%.
The upward revision in revenue growth forecast indicates stronger business performance and potential for higher earnings, which is likely to positively impact the stock price in the short term. The maintained operating margin guidance also provides stability and confidence to investors.
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