<b>Infosys Q3</b>: Ups FY07 revenue, EPS outlook

Infosys Technologies today said the consolidated revenue for FY07, as per US GAAP, is expected to be $3.09 billion, a growth of 43.6% year-on-year, marginally higher from $3.03 billion estimated at the end of September quarter.

According to a release issued by Infosys to the BSE today, the consolidated earnings per American Depositary Share (adjusted for the issue of bonus shares in the ratio of 1:1 allotted on July 15, 2006) is expected to be $1.47 as against the previous estimate of $1.44.

"We have delivered double-digit revenue growth in dollar terms for the third consecutive quarter during this fiscal," said S Gopalakrishnan, COO, President and Joint Managing Director.

"We have seen accelerated growth in Europe, which continues to be a key focus market for us," he added.