Friday, July 19, 2024

Infosys beats PAT and revenue estimates, dials up outlook

A strong revenue expansion of 3.7% YoY during the period prompted the second-largest software exporter to forecast growth of 3-4% for FY25 against its earlier guidance of 1-3%. “We had a strong performance in Q1 on large deals and financial services in the US is seeing early signs of improvement," said CEO and MD Salil Parekh.

from Tech-Economic Times https://ift.tt/3j1VXrC

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Zetwerk IPO: Size, valuation, timeline and other details we know so far

Zetwerk is preparing to confidentially file IPO papers to raise up to $550 million at a $4 billion valuation, including fresh equity and OFS...