Wipro Ltd ADR
WIT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Wl | LOCK|h< | LOCK|!##l%? |
Wipro Earnings: Large Deals Support Stable Revenue Growth; Bookings Trend Concerning
Wipro's fiscal first-quarter constant-currency revenue growth of 1% year over year was at the midpoint of the guided range. Operating margin of 16% was flat with a year ago, as rupee depreciation benefits offset salary increases and continued investment in artificial intelligence.
