IT Services Giant Cognizant Issues Healthy Outlook As $500 Million 'Mega-Deals' Fuel AI Growth - Cognizant Tech Solns (NASDAQ:CTSH)

IT Services Giant Cognizant Issues Healthy Outlook As $500 Million 'Mega-Deals' Fuel AI Growth - Cognizant Tech Solns (NASDAQ:CTSH)

Cognizant Technology Solutions Corp (NASDAQ:CTSH) reported its fourth-quarter results and guidance on Wednesday. The information technology consulting and outsourcing company clocked a quarterly revenue growth of 4.9% year-over-year to $5.33 billion, topping the analyst consensus estimate of $5.31 billion. The quarterly adjusted EPS of $1.35 beat the analyst consensus estimate of $1.32. Profits And Margins The adjusted operating margin expanded …

Cognizant forecasts annual revenue above estimates on strong AI demand

Feb 4 (Reuters) – Cognizant Technology forecast annual revenue above Wall Street ‍estimates on Wednesday, betting on strong demand for its IT services as businesses adopt artificial intelligence ‌into their workflows. The ‌company has benefited from enterprise clients prioritizing AI-related digital projects, with sustained demand ​for its AI and cloud services boosting ‍productivity, cutting ​costs and supporting ​growth as generative AI ‍gains…

Cognizant profit rises 18.7 pc to USD 648 mn in Dec qtr

New Delhi, Feb 4 (PTI) US-based IT major Cognizant, which has a substantial number of employees in India, on Wednesday reported about 18.7 per cent increase in net income to USD 648 million in the December quarter. Cognizant, which follows a January-December financial year, had posted a net income of USD 546 million in the year-ago period. The company's Q4 2025 revenue came in line with estimates at USD 5,333 million, increasing 4.9 per cent yea…