Infosys drops after Q2 revenue falls short; reduces full-year forecast

Infosys ADR shares dropped 7.8% pre-market after lowering its fiscal 2027 revenue growth forecast to 1-2% from 1.5-3%. Q2 revenue grew 11% YoY, AI revenue rose 29% sequentially, and margins held steady. Management cited client spending concerns and pricing pressure. Peers HCLTech and Wipro reported similar challenges. The S&P 500, Dow, and Nasdaq also declined 0.5%, 0.9%, and 0.3% respectively.

Infosys ADR (INFY) reported Q3 EPS of $0.20, matching estimates, with revenue at $5.14B, exceeding expectations. The stock is up 12.99% over 3 months but down 24.37% year-over-year. Analysts have mixed EPS revisions, and InvestingPro rates its financial health as strong.

Infosys (NYSE:INFY) shares dropped 8% premarket after cutting its fiscal 2027 revenue growth forecast to 1%-2%, below analyst expectations. Q2 revenue rose 10.7% YoY to $5.19B, slightly above estimates, while net profit missed at $78.23B. Energy business revenue grew 7.3% YoY on a constant currency basis.

Infosys reported Q3 GAAP EPS of $0.20, missing estimates by $0.01, and revenue of $5.14B, missing by $40M. The company expects FY27 revenue growth of 1%-2% in constant currency and an operating margin of 20%-22%.

Infosys reported Q2 revenue of $5.145B, up 1.2% sequentially in constant currency, with an operating margin of 21.0%. AI revenue rose 29% QoQ to 10.5% of total revenue. EPS grew 8.7% YoY in INR, and an interim dividend of ₹26 per share was declared. The company also reported a large deal TCV of $5.2B.

Infosys reported Q2 revenues of $5.145B, up 1.5% YoY and 1.2% QoQ in constant currency. AI revenues grew 29% QoQ, and large deal TCV was $5.2B. FY27 revenue guidance revised to 1-2% growth. Operating margin stable at 21%. EPS grew 8.7% YoY in rupee terms. Interim dividend increased 13% to ₹26 per share.