Wipro ( WIT), an information technology services provider, said its first-quarter earnings rose 44% from the year-ago period. The Bangalore, India-based company earned $133.9 million, or 9 cents a share in the quarter, in line with the analysts estimates. First-quarter total revenue rose 37% from a year ago to $682.63 million. Analysts were expecting a revenue of $682.64 million in the most recent quarter. The company expects to post a revenue of $577 million in the second quarter from its global IT services segment. "The results for the quarter were quite satisfying; we enhanced our strategic investments to sustain long term growth even as we continued solid execution leading to improvements in operating performance, " the company said. "Our global IT services business continued to witness broad based growth, across verticals, geographies and service lines. The external environment remains buoyant - we see offshoring at the center-stage of IT strategy of global corporations. In these exciting times, we are well-positioned to benefit from our diversified service portfolio and deep industry expertise." By segment, first-quarter revenue from global IT services and products segment which contributed 78% to total revenue, rose 42% from a year ago to $534.39 million, and from India and AsiaPac IT services and products segment, revenue rose 29% to $94.97 million. During the quarter, the company made three acquisitions in global IT services and products segment, namely, Enabler Informatica, Saraware Oy and Quantech Global.