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COGNIZANT FINANCIAL RESULTS
Attractive valuations, improving earnings: Why fund managers are now raising their exposure to small-cap stocksMidcap stocks have dominated performance for a decade, but a shift towards small caps is emerging. Flexi-cap funds are increasing small-cap...
Defence, power and import substitution are emerging as long-term winners: Prateek AgarwalIndian corporate earnings are meeting expectations, but market sentiment is subdued due to broader economic concerns, not company performan...
Midcaps in a sweet spot? Why Nippon India’s Rupesh Patel sees a valuation correction despite new index peaksNippon India Mutual Fund's Rupesh Patel remains constructive on midcaps despite concerns over valuations, citing resilient earnings growth ...
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’s Q4 net profit climbs 18% to $648 million, revenue rises 4.9%The New Jersey-headquartered company posted a net profit of $648 million on revenue of $5.3 billion for the quarter ended December 31. In c...
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 net profit jumps 12.7%, firm lowers annual revenue guidanceIT major records 9.5% revenue growth in constant currency.
Syntel asks for fresh trial in patent infringement case against Trizetto-CognizantThe company has also sought to limit the maximum award for punitive damages, if required, to $8.5 million, equal to TriZetto’s $8.5 million...
Maze Ransomware attack to hit Cognizant revenueWhen contacted, a company spokesperson did not say whether the breach had been contained.
Cognizant slashes full-year growth outlook; Q1 net income tumbles 15%The company revised its full-year 2019 revenue growth outlook to 3.6-5.1 per cent in constant currency.
Cognizant sued by US client over implementation issuesIt is rare for a client to sue an IT firm. Issues are mostly settled mutually and cases rarely go to court.
Cognizant cuts guidance, takes a $28 million hit on bribery issueIn its 2017 annual report, Cognizant said it had identified about $6 million in bribes paid from 2009 to 2016.
Cognizant expands operations in TexasThe Teaneck, New Jersey-headquartered company said it invested more than $8 million on its current expansion in Irving and qualified fora$2...
Cognizant’s President Gordon Coburn resigns, replaced by Rajeev MehtaCoburn’s resignation comes a little over a month after Cognizant said it reorganized its delivery services by service line and appointed th...
Cognizant slashes FY revenue forecast for second consecutive quarter, despite strong Q2 sales growthCognizant is now predicting revenues in the range of $13.47 billion to $13.60 billion, implying growth of only about 8.5%-9.5% -- well belo...
Cognizant reports slowest quarter in 14 years, lowers upper end of FY revenue guidance range to 13%For the first time in several quarters and years, Cognizant also failed to outpace growth rates of large Indian arch-rival Infosys.
Cognizant September quarter results: Five things to watch out forLast quarter, Cognizant clocked 7% sequential growth, in-line with the company's history of setting the pace for the rest of the sector.
Cognizant's September-quarter sales may beat street estimates, raise guidanceCognizant is expected to beat its sales estimates & raise its full-year growth forecast when it announces results on Tuesday.
- Cognizant emerges new leader, serious challenger to IBM, Accenture
During Sept quarter, incremental revenues, at $116 mn, were the highest for Cognizant. Top exporter TCS only managed $113 mn and Wipro adde...
- Cognizant bags contract from Marks & Spencer
IT major Cognizant said it would offer end-to-end integrated applications and infrastructure management services Marks and Spencers.