Investing.com - Sify reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sify announced earnings per share of 2.25 on revenue of 8.05B. Analysts polled by Investing.com anticipated EPS of 1.47 on revenue of 7.2B.
Sify shares are down 20% from the beginning of the year, still down 39.46% from its 52 week high of 5.88 set on February 16. They are under-performing the STOXX 600 which is up 19.17% from the start of the year.
Sify follows other major Services sector earnings this month
Sify's report follows an earnings missed by Amazon.com on Thursday, who reported EPS of 6.12 on revenue of 110.81B, compared to forecasts EPS of 8.9 on revenue of 111.55B.
Visa A had beat expectations on Tuesday with fourth quarter EPS of 1.62 on revenue of 6.56B, compared to forecast for EPS of 1.55 on revenue of 6.52B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar