Infosys Q2 Profit Misses Estimates at $817 Million as Revenue Falls Short

Infosys Limited (INFY) reported fiscal second-quarter profit of $817 million on Friday, falling short of Wall Street expectations. Earnings per share came in at 20 cents, below the 21-cent average estimate from three analysts surveyed by Zacks Investment Research. The Bengaluru, India-based business consulting services provider posted revenue of $5.15 billion for the period, also missing Street forecasts of $5.18 billion. The results reflect continued pressure on the company's financial performance relative to analyst projections.