Investing.com - Wipro ADR reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Wipro ADR announced earnings per share of 0.08 on revenue of 2.46B. Analysts polled by Investing.com anticipated EPS of 0.0696 on revenue of 2.37B.
Wipro ADR shares are up 40.88% from the beginning of the year and are trading at 8.200 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Wipro ADR shares gained 3.02% in pre-market trade after the report.
Wipro ADR follows other major Technology sector earnings this month
Wipro ADR's report follows an earnings missed by Taiwan Semiconductor on Thursday, who reported EPS of 0.9251 on revenue of 13.29B, compared to forecasts EPS of 0.9316 on revenue of 13.22B.
Adobe had beat expectations on Thursday, June 17, 2021 with second quarter EPS of 3.03 on revenue of 3.84B, compared to forecast for EPS of 2.81 on revenue of 3.73B.
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