After waiting eagerly for results for end of Dec 2007 for outsourcing and offshoring firms, the overall trend in the market seems to be a positive quarter of slow growth with a cautious approach to the degree of growth expected in 2008. Majority of the firms have seen no visible impact in their december earnings but have expressed caution for 2008. Some of the larger players like Accenture and IBM have had a positive report and continue to see growth for 2008.
Links to some of the earning announcements for 2008 December quarter. I will put together a more detailed comparison over next week or so.
Infosys earnings
Accenture earnings
TCS earnings
HCL
iGate
Mastek
Wipro
NIIT
Satyam
IBM
Filed under: Uncategorized
