Cyient Ltd-B earnings, Revenue miss in Q2

  • Investing.com
Cyient Ltd-B earnings, Revenue miss in Q2

Investing.com - Cyient Ltd-B (NS: CYIE ) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Cyient Ltd-B announced earnings per share of ₹7.20 on revenue of ₹13.96. Analysts polled by Investing.com anticipated EPS of ₹10.95 on revenue of ₹13.99B.

Cyient Ltd-B shares are down 21.99% from the beginning of the year and are trading at ₹769.00 , down-from-52-week-high.

Cyient Ltd-B follows other major Information Technology sector earnings this month

Cyient Ltd-B's report follows an earnings beat by Tata Consultancy on Monday, who reported EPS of ₹28.5 on revenue of ₹553.09B, compared to forecasts EPS of ₹28.26 on revenue of ₹550.86B.

Infosys had beat expectations on Thursday with second quarter EPS of ₹14.34 on revenue of ₹365.4B, compared to forecast for EPS of ₹14.22 on revenue of ₹365.49B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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