Infosys: Fiscal 2Q Earnings Snapshot

BANGALORE, India (AP) _ Infosys Ltd. (INFY) on Tuesday reported fiscal second-quarter profit of $581 million.

The Bangalore, India-based company said it had net income of 13 cents per share.

The results met Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was also for earnings of 13 cents per share.

The business consulting services provider posted revenue of $2.92 billion in the period, topping Street forecasts. Nine analysts surveyed by Zacks expected $2.89 billion.

Infosys shares have increased 22 percent since the beginning of the year. The stock has risen 35 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INFY at https://www.zacks.com/ap/INFY