BANGALORE, India (AP) _ Infosys Ltd. (INFY) on Thursday reported fiscal fourth-quarter profit of $543 million.
On a per-share basis, the Bangalore, India-based company said it had profit of 24 cents.
The results matched Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was also for earnings of 24 cents per share.
The business consulting services provider posted revenue of $2.57 billion in the period, missing Street forecasts. Eight analysts surveyed by Zacks expected $2.59 billion.
For the year, the company reported profit of $2.14 billion, or 94 cents per share. Revenue was reported as $10.21 billion.
Infosys shares have climbed nearly 3 percent since the beginning of the year. The stock has declined 16 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INFY at https://www.zacks.com/ap/INFY
Keywords: Infosys, Earnings Report
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