Infosys Q3 Sales Comes Ahead of Consensus, Raises FY22 Revenue Outlook

Infosys Q3 Sales Comes Ahead of Consensus, Raises FY22 Revenue Outlook
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Infosys Ltd. reported third-quarter FY22 revenue of $4.25 billion, beating the consensus of $4.08 billion. The company’s Q3 performance represented sequential growth of 7.0 percent in a seasonally weak quarter and a year-on-year increase of 21.5 percent in constant currency.

Large deal wins accelerated with TCV of $2.53 billion in Q3.