Net 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 Technology has recently announced an unexpected decline in its quarterly revenue forecast, indicating that clients are exercising...

Similar to industry outlook owing to lower discretionary spends by clients amid macro uncertainty, the Nasdaq-listed company shrunk its fou...

Cognizant'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...

US-based software exporter trims annual guidance to $19.3 billion, its third consecutive correction

The Nasdaq-listed company reported an attrition rate of 31% in the second quarter, the highest among IT services companies in the three-mon...

Cognizant 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...

Revenue in the first quarter is now expected to be $4.22-$4.23 billion.

The company said net income fell to $456 million, or 78 cents per share in the second quarter ended June 30.

At 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 margin and has raised its full-year revenue growth forecast.

Cognizant'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...

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...

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

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...

The marginal downward revision by Cognizant in its revenue guidance for 2012 is likely to stoke fresh worries in the minds of investors abo...

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 .