Wipro GAAP EPS of $0.03 misses by $0.01, revenue of $2.58B beats by $10M
Wipro reported Q2 GAAP EPS of $0.03, missing estimates by $0.01, but revenue of $2.58B beat expectations by $10M, up 9.1% year-over-year. Operating cash flows increased 61.3% quarter-over-quarter, reaching $553.6M.
How this was made
The 30-second read
Why it matters
The earnings release provides fresh numbers that were not public before, making it a primary disclosure.
Market read
First‑report earnings data for a large-cap IT firm; potential short‑term price move.
What to watch
Currency fluctuations and operating cash flow surge of 61% QoQ may support longer‑term outlook.
Background
Wipro Limited (WIT) is a major Indian IT services company listed in the US as an ADR.
Ticker impact
Wipro reported Q2 GAAP EPS of $0.03, missing consensus by $0.01, while revenue of $2.58B beat estimates by $10M.
likely modest downside as investors price in the EPS miss
EPS miss is a negative catalyst; revenue beat is a positive but smaller in magnitude.
Market effects
Indian IT sector may see slight pressure as a large peer missed EPS expectations.
Indian market could experience modest pullback in tech stocks.
Limited; impact confined to Wipro and comparable IT services firms.
Counterpoint
Revenue beat could outweigh EPS miss, offering a buying opportunity on dip.
Key entities
- companyWipro Limited
Indian IT services firm reporting Q2 results.



