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CTSH Cognizant Technology Solutions Corporation

67.66
1.24 (1.87%)
08 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cognizant Technology Solutions Corporation NASDAQ:CTSH NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.24 1.87% 67.66 67.67 68.16 67.71 66.44 66.44 3,086,619 00:28:10

Cognizant Tech Solutions Raises Annual Revenue Forecast

05/05/2021 9:47pm

Dow Jones News


Cognizant Technology Sol... (NASDAQ:CTSH)
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By Maria Armental

 

Cognizant Technology Solutions Corp. expects revenue this quarter to come in ahead of Wall Street targets and raised the low end of the revenue projection for the year, following stronger-than-expected performance in the most recent quarter.

The professional-services firm now expects $17.8 billion to $18.1 billion in revenue, up from its earlier view of $17.6 billion to $18.1 billion, and affirmed projections for adjusted profit of $3.90 to $4.02 a share.

This quarter, it sees $4.42 billion to $4.46 billion in revenue, compared with analysts' projected $4.38 billion, according to FactSet.

 

Write to Maria Armental at maria.armental@wsj.com

 

(END) Dow Jones Newswires

May 05, 2021 16:32 ET (20:32 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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