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HCL raises full year guidance after winning a dozen new deals



HCL revised its revenue guidance and now expects to grow between 16.5% to 17% over this year in constant currency (CC) terms. The guidance for operating margins has been revised to 19-19.5%.“Pipeline stance at an all-time high. We expect conversion in the coming quarter,” said CEO C Vijayakumar.HCL Technologies has met analyst expectations as it posted quarterly revenue growth of 2.3% $2,543, in dollar terms. The company’s net income hit $426, up 13.4% from last quarter.The company also revised its annual guidance upwards. It now expects revenue to grow between 16.5% to 17% over this year in constant currency (CC) terms from 16% earlier. The guidance for operating margins has been revised to 19-19.5%.“It’s been a good quarter. Growth is good, which is why we’re revising our guidance” said



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