Benzinga | Jul 14, 2020 08:39AM EDT

Recap: Wipro Q1 Earnings

Shares of Wipro (NYSE:WIT) fell 0.3% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were unchanged from the past year to $0.06, which beat the estimate of $0.05.

Revenue of $1,974,000,000 declined by 7.54% year over year, which beat the estimate of $1,860,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Jul 14, 2020

Time: 04:00 PM

ET Webcast URL: https://www.wipro.com/investors/events/q1-fy21-earnings-release/

Recent Stock Performance

52-week high: $4.29

Company's 52-week low was at $2.52

Price action over last quarter: Up 10.78%

Company Overview

Established in 1945, Wipro has grown to become one of the world's largest IT services vendors, providing services such as systems integration, IT outsourcing, business process outsourcing, and consulting, among others. The firm employs more than 170,000 staff, operates in more than 50 countries, and serves six primary business segments comprised of 27 industry verticals.