Persistent’s revenue grew 3.2 QoQ CC, 3.1% QoQ USD in-line with our estimate, but above consensus’ estimate of 2.5% QoQ USD. Revenue growth was led by the Healthcare (7% QoQ USD) and Technology verticals (3.8% QoQ USD). BFSI was flat QoQ. EBIT margin came in at 13.7%, down 120bps QoQ.