Infosys Technologies reported fiscal third-quarter earnings and revenues that topped analysts' expectations, and also bumped up its outlook for the current quarter.
India's No. 2 software exporter said net income rose to $218 million, or 38 cents per diluted American depositary share, for the three months ended Dec. 31, up from $148 million, or 26 cents per share in the same quarter a year ago. Analysts surveyed by Thomson First Call expected a profit of 37 cents per share.
Revenues form the quarter jumped 47% from the year-ago period to $821 million, beating expectations for revenues of $797 million.