Ahead of the trading session, Wipro Ltd (NYSE: WIT) unveiled its fourth quarter earnings results.
The company’s quarterly profits exhibited a year-over-year decrease, attributed to reduced revenues.
For the quarter, the company reported revenues of $2.63 billion, falling short of the $2.67 billion Wall Street estimate.
Earnings for the quarter levelled with street consensus of $0.04 per share.
Compared to the same period last year, quarterly earnings plummeted by 42.9 percent, with revenue also experiencing a 1.2 percent decline.
