Infosys reported first-quarter fiscal 2027 adjusted earnings of 20 cents per share, missing the Zacks Consensus Estimate of 21 cents, while revenue increased 2.8% year over year to $5.08 billion, also below the $5.12 billion estimate. The bottom line rose 3.8% from the prior year, but soft volumes, modest pricing gains, and a client program termination weighed on growth. Management noted a roughly 50-basis-point one-time impact from the termination of a program by an Energy, Utilities, Resources and Services client, along with weaker-than-expected volumes and higher offshore delivery reducing reported revenues. AI revenues represented 8.2% of total revenues. Infosys narrowed its fiscal 2027 constant-currency revenue growth guidance to 1.5% to 3%, from a prior band of 1.5% to 3.5%, while maintaining its operating margin outlook of 20% to 22%.
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