Persistent Systems surges 8% after Q2 earnings beat and record $609M order bookings
Persistent Systems shares rose 8% after the IT firm reported $609.2 million in Q2 order bookings and a 16.3% operating margin, driven by healthcare and BFSI recovery. The company highlighted strong digital transformation deal flow despite wage cost pressures. Analysts noted sustained demand in North America and a healthy pipeline supporting margin stability into FY26.
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1 day ago
Persistent Systems surges 8% after Q2 earnings beat and record $609M order bookings
Persistent Systems shares rose 8% after the IT firm reported $609.2 million in Q2 order bookings and a 16.3% operating margin, driven by healthcare and BFSI recovery. The company highlighted strong digital transformation deal flow despite wage cost pressures. Analysts noted sustained demand in North America and a healthy pipeline supporting margin stability into FY26.
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Persistent Systems surges 8% after Q2 earnings beat and record $609M order bookings
1 day ago
1 min read
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Persistent Systems rises 8% after Q2 earnings beat and $609M bookings boost.
Persistent Systems shares rose 8% after the IT firm reported $609.2 million in Q2 order bookings and a 16.3% operating margin, driven by healthcare and BFSI recovery. The company highlighted strong digital transformation deal flow despite wage cost pressures. Analysts noted sustained demand in North America and a healthy pipeline supporting margin stability into FY26.
Persistent Systems shares rose 8% after the IT firm reported $609.2 million in Q2 order bookings and a 16.3% operating margin, driven by healthcare and BFSI recovery. The company highlighted strong digital transformation deal flow despite wage cost pressures. Analysts noted sustained demand in North America and a healthy pipeline supporting margin stability into FY26.