Written by Naveen Selvaraj
When Infosys Technologies Ltd. (NASDAQ:INFY) declares its quarterly results, the focus is more on by how much rather than whether beat/miss guidance. QEMarch08 results were no different. A quick look at the revenue and guidance data points available for the last three fiscals provided some interesting insights. INFY provides fiscal guidance at the beginning of each fiscal year and generally updates the same after every quarter. Exhibit I provides the details of revenue guidance Vs actual while Exhibit II provides the same on earnings per ADS (EPADS). read more…