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Cognizant tops estimates even as Q1 net profit dips marginally; eyes layoffsNet profit was $663 million in the same period a year earlier. However, sequentially, net profit gained by 2.1%. Despite the flat profit gr...
Cognizant forecasts quarterly revenue below estimates on cautious IT spendingCognizant Technology has recently announced an unexpected decline in its quarterly revenue forecast, indicating that clients are exercising...
Cognizant CEO’s 2025 realised pay increases 30% to $10.7 millionCognizant Technology Solutions chief executive Ravi Kumar S took home $10.7 million in realised compensation in 2025, a more than 30% incre...
Cognizant Q3 profit rises 7.3% to $5.4 billion, company raises full-year guidanceUS-based IT major Cognizant, which has a substantial number of employees in India, on Wednesday reported a better-than-expected growth with...
Cognizant posts 14% increase in Q2 profit to beat own estimate, raises full-year guidanceCognizant exceeded its Q2 2025 revenue expectations, reporting an 8.1% YoY increase to $5.25 billion, alongside a 13.9% profit growth. This...
Cognizant reports 21.4% rise in net profit; gives a flat guidanceCognizant's Q1 net profit surged 21.4% YoY to $663 million, fueled by margin growth from a land sale and a weaker base. Revenue rose 7.5% t...
Cognizant Q4 results: revenue dips 1.7%, profit rises to $558 millionFor the full year 2023, the global IT major Cognizant posted a 0.4% YoY decline in revenue to $19.4 billion. In constant currency terms, it...
Cognizant gets its mojo back under new CEO’s watchExperts say ‘people's person’ Ravi Kumar wins back competitiveness on large deals. He is also getting major talent back to Cognizant, and h...
Cognizant splits growth markets role, promotes two internal candidatesThe GGM role is now split between current global head of large deals and 18-year-company veteran Manoj Mehta, and CEO of Asia Pacific Jane ...
Cognizant retaining market share post the change of guardWhile Infosys clocked $18.2 billion for the fiscal year-ended 2023, Cognizant reported a revenue of $19.4 billion for calendar year 2022. A...
Cognizant Q2 net profit down 19% YoY; company retains 2023 revenue guidanceCognizant's revenue declined 0.4% year-on-year to $4.89 billion for the three-month period ended June. It was marginally above street estim...
ETtech Interview | No big-bang rejig; will rationalise costs and reinvest: Cognizant CEO Ravi Kumar SRavi Kumar S, who quit Infosys to take charge of the US firm in January 2023, says while large-scale reorganisation is not required, the co...
Cognizant Q1 net profit up 3% YoY; to lay off 3,500 employees over two yearsCognizant also announced a two-year rejig aimed at simplifying the operating model and rationalising office spaces to the tune of $400 mill...
Cognizant looks to get its mojo back under new CEO Ravi Kumar SCognizant’s new chief executive officer, Ravi Kumar S, will look to build confidence and ease out disparate strains in the company’s leader...
Cognizant Q3 net profit up 16%; revenue growth disappointsUS-based software exporter trims annual guidance to $19.3 billion, its third consecutive correction
Cognizant board bound to notice underperformance, execution challenges: WedbushReport speculative, Board fully supports strategic direction, management team: Cognizant
Cognizant bags multi-year IT deal from Insurer AXAAXA is looking at a more digitally enabled technology ecosystem with a focus on overall costs, and Cognizant will provide a wide range of I...
TriZetto gives us a platform to increase presence in the US healthcare space, says Karen McLoughlin, CFO, CognizantWe will let TriZet-to continue as a standalone entity though revenues will fall under the healthcare vertical, said Karen McLoughlin.
New Jersey's Cognizant enters $10 billion clubCognizant said its growth could slow down than previous forecast due to weakness at some clients and delays in order booking.
Cognizant enters $10bn club; April-June period revenue jumps to $2.5 billionThe company cut its revenue growth forecast for the year to at least 14% from earlier 16.5%, slowest ever in its 20 year history.