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COGNIZANT GUIDANCE
Senco witnesses 6% drop in gold sales; customers bullish on silver, diamondSenco Gold saw gold volumes decrease by 6% in FY26. However, silver and diamond sales increased significantly. The company achieved its hig...
Cognizant boosts buyback target to $2 billion amid AI-led growth pushCognizant has raised its share buyback programme to $2 billion, signalling strong capital return plans and confidence in long-term growth. ...
Adani Cement eyes measured growth, defers ambitious FY28 targetsAdani Cement is prioritizing increased utilization of its current facilities. The company will focus on optimizing existing capacities. Cap...
Market remains stock-specific as earnings divergence widens across sectors: Dharmesh KantMarket expert Dharmesh Kant highlighted strong numbers for Bajaj Finance, though macro headwinds may impact near-term performance. He expre...
Mutual funds buy new-age dip; Infy CEO interviewHappy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today...
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...
Codex user base grows to 4 million; OpenAI says 1 million added in just 2 weeksOpenAI's coding assistant Codex now has over 4 million weekly developers, adding 1 million users in just two weeks. The company is now focu...
Cognizant profit dips 2.1% on year, revenue up 6.8%Nasdaq-listed IT company Cognizant raised its annual guidance projected in the range $20.3-20.8 billion, rising 3.5% to 6.0% YoY in constan...
Cognizant Q3 profit falls 16.5%, narrows revenue guidanceSimilar to industry outlook owing to lower discretionary spends by clients amid macro uncertainty, the Nasdaq-listed company shrunk its fou...
Cognizant records highest attrition rate among peers, raises annual revenue guidanceThe Nasdaq-listed company reported an attrition rate of 31% in the second quarter, the highest among IT services companies in the three-mon...
Cognizant to spend $1 billion+ on M&A deals this year: CEO Brian HumphriesCognizant will invest more than $1 billion on M&A deals this year, CEO Brian Humphries says, even as the IT services firm maintained a cons...
Genpact may withdraw its earnings guidanceGenpact, which had issued its full-year outlook in February, expected growth of 10.5-12.5% in 2020.
Cognizant withdraws FY20 guidance, draws on credit line to boost financial flexibilityRevenue in the first quarter is now expected to be $4.22-$4.23 billion.
Cognizant Q2 revenue rises 9% to $4 billion, beats estimatesThe company said net income fell to $456 million, or 78 cents per share in the second quarter ended June 30.
- Five reasons that helped Cognizant pip Infosys
Cognizant Technology beat Infosys by a whisker with a revenue of $ 1,795 mn as compared to Infosys' $ 1,752 mn in the June 2012 quarter
- BSE IT index tanks; Cognizant guidance weighs
Shares of TCS, HCL Technologies, Infosys and Wipro came under pressure in early trade after Cognizant revised its 2012 guidance downwards.
- Cognizant set to edge past Infosys this quarter
While Infosys has guided to revenues of $1.77 billion at the lower end, Cognizant has guided to at least $1.79 billion, a gap of $19 millio...
- Cognizant set to replace Wipro as India's third largest IT company
Analysts say that Cognizant's focus on faster growth rates and market share gain with lower margins has helped it close the gap with Wipro .
- Cognizant revenues up by 32%, beats analyst expectations
Software services provider Cognizant reported a 32% rise in revenue for the year ended 31 December 2008, in line with analyst expectations,...