Lagging peers, Wipro's revenue falls 4.8% in Quarter 2
Wednesday, 18 October 2023 Wipro, an Indian IT company, has reported a decline in revenue for the third consecutive quarter. In the September quarter, the company's revenue declined by 4.8% year-on-year and 2% sequentially. Wipro expects its revenue to decline further in the December quarter. The CEO, Thierry Delaporte, attributed the decline to an uncertain business environment and clients being more focused on efficiency. Despite the decline in revenue, Wipro's operating margin remained steady.
Delta Sees $1.11 Billion Profit , Ahead of Strong Holiday Bookings.
ABC reports that Delta Air Lines
gained $1.11 billion in profits as summer
travelers packed planes in the third quarter. .
On..
Credit: Wibbitz Top Stories Duration: 01:30Published
Wednesday, 18 October 2023
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