Investing.com - Zensar Tech reported on Thursday second quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Zensar Tech announced earnings per share of ₹2.48 on revenue of ₹12.35. Analysts polled by Investing.com anticipated EPS of ₹2.48 on revenue of ₹12.37B.
Zensar Tech shares are down 18.72% from the beginning of the year and are trading at ₹214.55 , down-from-52-week-high.
Zensar Tech follows other major Information Technology sector earnings this month
Zensar Tech's report follows an earnings beat by Tata Consultancy on Monday, October 10, 2022, who reported EPS of ₹28.5 on revenue of ₹553.09B, compared to forecasts EPS of ₹28.46 on revenue of ₹550.82B.
Infosys had beat expectations on Thursday, October 13, 2022 with second quarter EPS of ₹14.34 on revenue of ₹365.4B, compared to forecast for EPS of ₹14.2 on revenue of ₹365.67B.
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