Wipro Third-Quarter Earnings Just Beat, Sales Miss

By | January 17, 2014

Scalper1 News

Wipro (WIT) stock fell Friday after the Indian tech services provider released fiscal Q3 earnings that just beat Wall Street expectations, but revenue that just missed. Wipro stock was down 1.5% in morning trading in the stock market today, near 13.30. On Thursday, Wipro shares rose nearly 6% to a three-year high of 13.52. Wipro’s results are in contrast to its Indian outsourcing rival Infosys, which last week beat views and raised its revenue Scalper1 News

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