Wipro Reports Mixed Q4 Results, Provides 2023 Outlook
<p><a href='https://financialmodelingprep.com/financial-summary/WIT'>Wipro (NYSE: WIT)</a> reported its Q4 results on Friday, with EPS of $0.07 coming in better than the consensus estimate of $0.06. Revenue was $2.8 billion, slightly missing the consensus estimate of $2.83 billion. Total bookings grew 26% year-over-year to $4.3 billion.</p>
<p>For fiscal 2023, the company expects revenue growth from the IT Services business to be in the range of 11.5-12%, translating into a growth rate of (0.6%) to 1% sequentially. Margin guidance recognizes Q3’s result as the base, with room to improve.</p>

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