UPS reports less demand, lower earnings in first quarter
Because of fewer than expected sales leading to low package volume, UPS announced on Tuesday a first-quarter decrease of 6% compared to this time last year.
Source: newsnationnow.com
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Because of fewer than expected sales leading to low package volume, UPS announced on Tuesday a first-quarter decrease of 6% compared to this time last year.
Just in January, Infosys had raised its FY23 CC revenue growth guidance to 16-16.5% from 15-16% earlier. But evidently, the scenario didn’t pan out as expected with the company missing its guidance after clocking 15.4% CC revenue growth.