BANGALORE, India (AP) _ Infosys Ltd. (INFY) on Wednesday reported fiscal third-quarter net income of $705 million.

The Bangalore, India-based company said it had net income of 17 cents per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.

The business consulting services provider posted revenue of $3.52 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $3.38 billion.

Infosys shares have risen nearly 10% since the beginning of the year. The stock has climbed 71% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INFY at https://www.zacks.com/ap/INFY

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