Stock Track | Infosys Soars 5.14% in Pre-Market on Strong Q3 Earnings and Raised Revenue Guidance

Stock Track01-14

Infosys (INFY) shares surged 5.14% in pre-market trading on Wednesday, following the release of its third-quarter earnings report, which exceeded analyst expectations.

The company reported Q3 revenue of $5.10 billion, up from $4.94 billion a year earlier and above the FactSet consensus estimate of $5.03 billion. Adjusted EPS of $0.21 also beat the $0.20 estimate. Infosys raised its fiscal 2026 revenue growth forecast to 3%-3.5%, up from the previous range of 2%-3%, citing strong demand in its financial services segment and AI-driven deals.

CEO Salil Parekh highlighted the company's growing role as an AI partner for major clients, particularly in financial services and energy sectors, which contributed to the optimistic outlook. The upbeat results and guidance have sparked hopes of a broader recovery in India's IT sector.

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