(By Anthony Miller – Wednesday, 22nd April 2009 9:15am). Just got HCL’s results too, but unlike peers they saw a sequential revenue increase in the quarter, by 11% as reported and 13% at constant currency to $564m. Europe grew 17.5% ccy seq. Undoubtedly this is the effect of the Axon acqusition but will know more after the concall. Meanwhile, TechMarketView subscription service clients can refresh their memories about HCL’s European business in our recent OffshoreViews note.
Wednesday, 22 April 2009
Axon boosts HCL
(By Anthony Miller – Wednesday, 22nd April 2009 9:15am). Just got HCL’s results too, but unlike peers they saw a sequential revenue increase in the quarter, by 11% as reported and 13% at constant currency to $564m. Europe grew 17.5% ccy seq. Undoubtedly this is the effect of the Axon acqusition but will know more after the concall. Meanwhile, TechMarketView subscription service clients can refresh their memories about HCL’s European business in our recent OffshoreViews note.
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