#itservices
itservices
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Infosys cuts growth outlook despite strong AI revenue gains
📉 Infosys lowered its FY27 constant-currency revenue growth forecast to 1–2% from 1.5–3%, cutting both ends of the range. Its ADRs fell as much as 7.5% in US premarket trading.
🤖 AI revenue rose 29% quarter-on-quarter to 10.5% of total sales. However, overall revenue grew just 1.5% year-on-year in constant currency, showing that AI momentum has yet to lift broader growth.
🌎 Revenue in North America, which contributes over half of sales, fell 1.5%. Weak demand and pricing pressure as clients seek a share of AI productivity gains continue to weigh on the outlook.
⚖️ Operating margin held at 21%. The key question is whether AI can generate enough new revenue to offset pressure on traditional services.
#ITServices $INJ
Infosys cuts growth outlook despite strong AI revenue gains
📉 Infosys lowered its FY27 constant-currency revenue growth forecast to 1–2% from 1.5–3%, cutting both ends of the range. Its ADRs fell as much as 7.5% in US premarket trading.
🤖 AI revenue rose 29% quarter-on-quarter to 10.5% of total sales. However, overall revenue grew just 1.5% year-on-year in constant currency, showing that AI momentum has yet to lift broader growth.
🌎 Revenue in North America, which contributes over half of sales, fell 1.5%. Weak demand and pricing pressure as clients seek a share of AI productivity gains continue to weigh on the outlook.
⚖️ Operating margin held at 21%. The key question is whether AI can generate enough new revenue to offset pressure on traditional services.
#ITServices $INJ
📉 Infosys lowered its FY27 constant-currency revenue growth forecast to 1–2% from 1.5–3%, cutting both ends of the range. Its ADRs fell as much as 7.5% in US premarket trading.
🤖 AI revenue rose 29% quarter-on-quarter to 10.5% of total sales. However, overall revenue grew just 1.5% year-on-year in constant currency, showing that AI momentum has yet to lift broader growth.
🌎 Revenue in North America, which contributes over half of sales, fell 1.5%. Weak demand and pricing pressure as clients seek a share of AI productivity gains continue to weigh on the outlook.
⚖️ Operating margin held at 21%. The key question is whether AI can generate enough new revenue to offset pressure on traditional services.
#ITServices $INJ
140
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