Infosys raises annual revenue forecast on financial services boost


FILE PHOTO: Figurines with computers and smartphones are seen in front of Infosys logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File photo

BENGALURU (Reuters) -India's No.2 IT services provider Infosys raised the floor of its annual revenue forecast on Wednesday after reporting stronger-than-expected quarterly sales, as its financial services segment got a fillip from AI deals and market-share gains.

The Bengaluru-based company narrowed its revenue growth forecast to 1% to 3% from a prior range of flat to 3%, in line with analysts' expectations.

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