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Market Impact: 0.35

India's Wipro misses fourth quarter revenue view

WIT
Corporate EarningsCompany FundamentalsAnalyst EstimatesConsumer Demand & Retail

Wipro reported fourth-quarter revenue that missed estimates as clients slowed tech spending. Business from key customer Estee Lauder also weakened, adding to the pressure on revenue growth and highlighting softer demand conditions.

Analysis

Wipro reported fourth-quarter revenue that missed estimates as clients slowed tech spending. Business from key customer Estee Lauder also weakened, adding to the pressure on revenue growth and highlighting softer demand conditions.

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