Wipro Shares Drop Post Q4; Misses Consensus
Wipro Limited (NYSE:WIT) reported fourth-quarter FY22 gross revenue of $2.75 billion, an increase of 28.4% Y/Y, which missed the consensus of $2.8 billion. IT Services revenue grew 26.4% Y/Y (3.1% Q/Q) to $2.7 billion. Non-GAAP constant currency IT Services segment revenue grew 28.5% Y/Y. IT Services Operating Margin for the quarter was at…
Benzinga ·