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COGNIZANT REVENUE 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. ...
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...
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 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 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 Q3 net profit up 16%; revenue growth disappointsUS-based software exporter trims annual guidance to $19.3 billion, its third consecutive correction
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...
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.
Cognizant sees muted quarter, cutsAt 8.30pm IST, Cognizant’s shares were trading up 3.3% at $59.51 on Nasdaq on Friday.
Cognizant Technology Solutions beat June quarter estimates by a wide marginCognizant Technology Solutions beat June quarter estimates by a wide margin and has raised its full-year revenue growth forecast.
Cognizant forecasts at least 17% revenue growth for 2013Cognizant's net income rose 16% to $278.8 mn, or 92 cents per share, in the fourth quarter, from $240.1 mn, or 78 cents per share, a year e...
- Infosys, TCS, HCL rise as outsourcing demand concerns ebb
The BSE IT Index surged nearly 2% in trade on Tuesday, led by Infosys, TCS and HCL, becoming the second-largest sectoral index gainer follo...
- 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
- 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's revenue guidance hints at caution among IT companies
The marginal downward revision by Cognizant in its revenue guidance for 2012 is likely to stoke fresh worries in the minds of investors abo...
- 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 .