Infosys Q4 2024 Financial Report: Revenue Growth, Earnings Increase, and Guidance for FY25
Thursday, 18 April 2024, 12:04
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INFY Earnings: Highlights of Infosys’ Q4 2024 financial report
Infosys (NYSE: INFY) reported an increase in earnings for the fourth quarter of 2024 when the software giant’s revenues remained broadly unchanged year-over-year. The company also issued guidance for fiscal 2025.
Key Highlights:
- Revenue: Fourth-quarter revenues remained unchanged at $4.56 billion.
- Net Income: Net income rose to $959 million, translating to $0.23 per share in Q4.
- Guidance: Management anticipates revenue growth of 1%-3% and an operating margin of 20%-22% for FY25.
- Salil Parekh, CEO of Infosys, highlighted the company's success in securing large deal values and expanding AI capabilities.
This story will be updated shortly with an infographic.
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