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Booz Allen: Fiscal Q2 Earnings Snapshot – WTOP News
The McLean, Virginia-based firm reported $181 million in earnings, while revenue of $2.78 billion fell below analyst expectations, according to company officials.
- On Friday, Dr. Reddy's Laboratories reported fiscal second-quarter profit of $97 million, surpassing analyst expectations as strong domestic demand cushioned weakness in its key United States market.
- Declining sales of Lenalidomide, a generic cancer drug, drove the slowdown as North America generic business revenue fell to $264 million amid increased competition and pricing pressure.
- India business revenue rose 17.2% to 18.5 billion rupees, providing a bright spot domestically. The company expects to resume generic semaglutide supplies to global markets by November 2026 after resolving production quality issues.
- The company's CDMO business generated over $100 million in revenue over the last 12 months, bolstered by filing 28 Drug Master Files globally during the second quarter.
- CEO Erez Israeli expects the CDMO business to grow two-fold to three-fold over the next three to four years, as the company awaits a regulatory decision for its abatacept biosimilar with a PDUFA goal date of December 22, 2026.
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Dr Reddy's beats quarterly profit estimate on India market lift
·London, United Kingdom
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Infosys Q2 results, dividend 2026 amount announced: ₹26 per share payout, profit jumps 6.23% YoY - Check record date
Infosys reported a 6.23% year-on-year rise in Q2FY27 net profit to ₹7,823 crore, while revenue increased to ₹49,244 crore. The company approved an interim dividend of ₹26 per share.
·New Delhi, India
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Infosys revises FY27 revenue growth guidance between 1-2%; reduces both upper and lower end of the band
Large deal total contract value (TCV) for the September quarter stood at $5.2 billion, compared with $3.6 billion in the preceding quarter. Over 60 percent of the deal value came in as net-new business.
·Mumbai, India
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Total News Sources22
Leaning Left2Leaning Right4Center6Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 17%
C 50%
R 33%
Factuality
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