Shares of Wipro (NYSE:WIT) rose 1.6% in pre-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share increased 40.00% over the past year to $0.07, which were in line with the estimate of $0.07.
Revenue of $2,221,000,000 higher by 6.57% year over year, which beat the estimate of $2,170,000,000.
Outlook
Wipro hasn’t issued any earnings guidance for the time being.
Revenue guidance hasn’t been issued by the company for now.
Conference Call Details
Date: Apr 15, 2021
Time: 09:45 AM
ET Webcast URL: https://services.choruscall.in/DiamondPassRegistration/register?confirmationNumber=5413654&linkSecurityString=11f67f51b2
Recent Stock Performance
Company’s 52-week high was at $6.76
52-week low: $2.79
Price action over last quarter: down 5.05%
Company Overview
Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, the Indian IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.
