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COGNIZANT GUIDANCE 2024
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 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's India M&A team gets consultants to up inorganic growthCognizant Technology Solutions is beefing up its mergers and acquisitions team in India. The company has hired at least five executives fro...
- 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...
- US hotels boost background checks as migrant scrutiny growsAmidst heightened scrutiny of foreign-born workers, U.S. hotels increased background checks by 36% in the first half of 2025 compared to 20...
- Court says MCC lacks statutory backing, dismisses violation case against PDP MLA Waheed ParraA Kashmir court has ruled that the Model Code of Conduct (MCC) lacks statutory backing and cannot be classified as an order under section 1...
- 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's activist investor Mantle Ridge builds over a $1 billion stakeMantle Ridge, led by American founder and CEO Paul Hilal, began purchasing Cognizant shares in the second half of 2022 when the stock was p...
- 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 up 2.8% sequentially; full year guidance revised upThe Nasdaq-listed technology major saw its third quarter revenue growing by 4% sequentially at $5 billion. On a year-on-year (YoY) basis, t...
- Cognizant CFO Jatin Dalal sees positive signals in IT demand scenario after longSpeaking about the recent controversy on low salary at the entry levels, Dalal said that it was a “misunderstanding” and for engineers the ...
- Cognizant Q2 profit up 22%, revenue flat; Full year guidance upCognizant Technology Solutions saw a 22.2% rise in net profit for Q2 2024, reaching $566 million. Revenue was $4.85 billion, falling slight...
- Cognizant Q2 profit up 22% at $566 million, revenue flatChief financial officer Jatin Dalal said the sequential revenue growth of 2.1% in constant currency, driven by Financial Services and Healt...
- IT firms chasing acquisitions to enhance their topline and skillsIndian information technology (IT) services are banking on acquisitions to fuel growth amid a dire need for investments in new capabilities...
- Cognizant to acquire US digital engineering firm Belcan for $1.3 billionCognizant Technologies to acquire Belcan for $1.3 billion, expanding into aerospace, defense, space, and automotive sectors.
- Cognizant Q1 revenue falls 1.1%, profit dips 6%Cognizant’s performance reflects the overall IT sector’s sentiment with domestic majors such as Tata Consultancy Services, Infosys, and Wip...
- 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 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...
- 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...
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