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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.79 | 1.21% | 66.16 | 66.01 | 66.27 | 67.88 | 65.56 | 67.40 | 8,585,800 | 00:55:03 |
From May 2019 to May 2024
By Kimberly Chin
Cognizant Technology Solutions Inc. expects slightly lower revenue in fiscal 2020, as it takes into account the effects of its exit of certain content-services businesses and the Covid-19 pandemic.
The professional-services firm anticipates full-year revenue between $16.4 billion and $16.7 billion. Last year, it recorded revenue of $16.78 billion.
On an adjusted basis, it expects earnings in the range of $3.48 to $3.58 a share.
The company withheld providing guidance last quarter.
Shares of Cognizant jumped 7.3% after hours to $69.50.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
July 29, 2020 17:03 ET (21:03 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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