India's Infosys raises revenue guidance, but third-quarter profit misses estimate

India's Infosys raises revenue guidance, but third-quarter profit misses estimate

5 years ago
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https://www.reuters.com/article/us-infosys-results/indias-infosys-raises-revenue-guidance-but-third-quarter-profit-misses-estimate-idUSKCN1P516D

Indian IT services company Infosys Ltd raised its full-year revenue growth forecast on Friday, but reported a larger-than-expected drop in third-quarter profit, due to higher expenses.