Sify Technologies Limited (NASDAQ:SIFY) is expected to report second quarter earnings results, before market open, on Friday 23rd October 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.01 per share from revenue of $ 85.00 million.
Looking ahead, the full year income are expected at $ 0.06 per share on the revenues of $ 348.00 million.
Previous Quarter Performance
Sify Technologies Limited recorded income for the first quarter of $ 0.01 per share, from the revenue of $ 69.42 million. The consensus estimates are $ 362.50 million in revenue The top line results fell short of analysts by $ 293.08 million or 80.85 percent.
Stock Performance
Shares of Sify Technologies Limited traded up $ 0.01 or 0.85 percent on Thursday, reaching $ 1.18 with volume of 27.60 thousand shares. Sify Technologies Limited has traded high as $ 1.21 and has cracked $ 1.14 on the downward trend
The closing price of $ 1.18, representing a 108.93 % increase from the 52 week low of $ 0.56 and a 20.95 % decrease over the 52 week high of $ 1.48.
The company has a market capital of $ 211.48 million and is part of the Communication Services sector and Telecom Services industry.
Conference Call
Sify Technologies Limited will be hosting a conference call at 8:30 AM eastern time on 23rd October 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.sifytechnologies.com
Sify Technologies Limited provides integrated ICT solutions and services in India and internationally. The company operates in five segments: Telecom Services, Data Center Services, Cloud and Managed Services, Technology Integration Services, and Applications Integration Services. The Telecom Services segment offers Internet protocol based virtual private network services, including intranets, extranets, and remote access applications; and last mile connectivity services.
