Comments Closed

Infosys may cut revenue guidance

BANGALORE: The results season is likely to begin on a low note. When Infosys announces its results for the December quarter on January 11, it is quite likely that it will once again reduce its dollar revenue guidance for the year.

Brokerage firm Enam Securities says in a recent report that Infosys December quarter is likely to be muted due to fewer new deals and the effects of Hurricane Sandy. Hence, a downward revision in FY13 revenue growth guidance of 5 per cent is likely, it says.

Comments are closed.