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India's HCLTech tumbles nearly 10% after Q3 revenue miss
HCLTech , India's no. 3 software services provider, plunged 8% on Tuesday after reporting a smaller-than-expected quarterly revenue and as a slew of brokerages cut their ratings on the shares.
HCLTech’s Q3 revenue rises 2.6% sequentially to $3.53 bn, bolstered by Americas
HCLTech outperformed analyst estimates on both fronts. A Bloomberg survey of 24 analysts expected HCLTech to report $3.5 billion in revenue and a similar survey of 22 analysts expected the company to report $537 million in net profit.
HCLTech Q3 profit up 5.5% to Rs 4,591 crore, revenue climbs 5%
HCLTechs software revenue growth however declined 2.1% YoY in constant currency terms as it failed to close some deal renewals as well as new deals. Consolidated revenue in the three months ended December grew 5.
India's HCLTech misses Q3 revenue estimate, tightens forecast
HCLTech , India's third-largest software company, posted a smaller-than-expected December-quarter revenue on Monday, with clients holding back discretionary tech spending amid macroeconomic uncertainties.
HCLTech Q3 profit rises 5.5 pc to Rs 4,591 cr, revenue up 5 pc
IT company HCLTech on Monday reported a 5.54 per cent uptick in consolidated net profit to Rs 4,591 crore for the December quarter as the CEO expressed optimism for improvement in the demand environment and discretionary spending and raised the revenue growth guidance.
1d
HCLTech stock nosedives 9% after marginal guidance upgrade hints at weaker Q4
Brokerages across the board pointed out that HCLTech's updated revenue guidance suggested weaker growth for Q4, which came as ...
devdiscourse
2d
HCLTech's Dynamic Strategy: A Minimalist Approach to H1B Dependence
HCLTech anticipates minimal impact from the US political climate due to its limited reliance on H1B visas, as per senior ...
Business Wire
1d
HCLTech Delivers Strong Q3 FY25 with Broad-Based Growth
HCLTech, a leading global technology company, delivered strong performance for the quarter ended December 31, 2024 with $3.5 ...
cnbctv18
1d
HCLTech and Microsoft expand partnership to revolutionise contact centers with Generative AI
IT company HCLTech Ltd on Monday (January 13) announced an expansion of its strategic partnership with Microsoft to enhance ...
1d
HCLTech takes over Microsoft’s Nuance Services Unit in AI push
HCLTech acquires Nuance's Enterprise Professional Services business, becoming exclusive partner for Nuance Enterprise's ...
1d
HCLTech and Microsoft Expand Strategic Partnership to Help Transform Contact Centers With Generative AI and Cloud-Based Solutions
HCLTech today announced the expansion of its strategic partnership with Microsoft to transform customer service experiences.
ARN
1d
HCLTech partners with Microsoft’s Nuance biz
As part of an extended partnership agreement HCLTech will become the exclusive professional services partner for Microsoft’s ...
2d
on MSN
India's HCLTech misses Q3 revenue estimate
HCLTech, India's third-largest software company, posted a smaller-than-expected December-quarter revenue on Monday, with ...
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