Wipro projects $1.17 bn IT services revenue in fourth quarter
January 20th, 2010 - 11:22 am ICT by IANS ( Leave a comment )Bangalore, Jan 20 (IANS) Wipro Ltd Wednesday projected $1.17 billion revenue from its global IT services business for the fourth quarter (Jan-March) of this fiscal (2009-10).
In a regulatory filing, the IT bellwether said despite flat IT budgets, revenue from IT services business for this quarter (Q4) would be in the range of $1.16-1.18 billion.
The guidance is based on its resilient performance in the third quarter (Oct-Dec) of this fiscal (FY2010) when it posted $1.13 billion as against the projected $1.11 billion at the beginning of the quarter (Q3), an increase of 2.4 percent year-on-year (YoY) and 5.8 percent sequentially (quarter-on-quarter).
- Wipro projects flat revenue from IT in first quarter - Apr 27, 2011
- Infosys bets on double-digit growth again; beats guidance (Lead) - Apr 15, 2011
- Infosys beats guidance but stock dips on muted earnings - Jul 12, 2011
- Wipro sees higher IT revenue in Q3 on strong growth - Oct 22, 2010
- Infosys beats guidance, revises outlook again - Oct 12, 2011
- Wipro forecasts flat IT growth in fourth quarter - Jan 20, 2012
- Wipro projects $1.2 billion IT revenue in first quarter - Apr 23, 2010
- Wipro net profit up 21 percent, projects higher IT revenue (Lead) - Jan 20, 2010
- Wipro projects marginal growth in second quarter - Jul 20, 2011
- Wipro net up for quarter, fiscal; sees flat IT growth (Lead) - Apr 27, 2011
- Wage hike dips Wipro net, projects flat growth - Jul 20, 2011
- Wipro admits to performing lower than industry peers (Second Lead) - Oct 22, 2010
- Infosys profits from weak rupee, lowers dollar guidance (Lead) - Jan 12, 2012
- Wipro projects higher IT revenue on strong growth (Lead) - Apr 23, 2010
- Wipro forecasts $1.4 billion IT revenue in Q4 (Lead) - Jan 21, 2011
Tags: bellwether, budgets, fourth quarter, guidance, oct dec, q3, q4, wipro ltd, yoy
