Wipro Reports Flat Q4 IT Services Revenue and Announces Strategic Moves
Wipro reported flat Q4 IT services revenue of $2.65 billion, with a slight decline in operating margin. The company announced a strategic deal with Olam, a large share buyback, and launched an AI-focused unit. The guidance for Q1 revenue indicates potential near-term pressure.
Topics: AI Initiatives Buyback Earnings Operating Margin Revenue Strategic Deals