Cognizant raises full-year profit outlook on financial services growth
CTSH Cognizant Technology Solutions Corp
$57.22 -1.63%
View chart & analysis → - 1Cognizant (CTSH) raised its full-year adjusted profit guidance, supported by second-quarter strength in financial services and expanding operating margins.
- 2The company lifted its full-year adjusted EPS guidance to $5.70–$5.82 from $5.63–$5.77, while financial services revenue rose 12% year over year.
- 3Even as corporate discretionary spending remains cautious, its third-quarter revenue outlook of $5.60–$5.68 billion falls short of the $5.7 billion market consensus.
Source Reuters · View original ↗
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