Earnings
Infosys Cuts Fiscal 2027 Growth Outlook To 1%-2% Despite $5.2 Billion In Large Deals
The IT services company kept its 20%-22% margin guidance and booked a mega deal of over $2 billion in the second quarter.
INFY
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Earnings
Infosys AI Revenue Hits 10.5% Of Sales, Yet Growth Outlook Is Cut To 1% To 2%
CEO Salil Parekh says AI work is new business, not relabeled services, while the company trims its revenue forecast for the year.
Earnings
Infosys Cuts Revenue Outlook To 1% To 2% As Clients Demand A Share Of AI Savings
The CFO tied the lower forecast to softer volume, pricing pressure, more offshoring and a European deal the company chose not to pursue.