Cognizant raised full-year profit guidance to $5.70-$5.82 despite missing EPS by 0.66% in the quarter, riding a resurgence in Financial Services (up 12% year-over-year) and executing $1.15 billion in share buybacks. The company's pivot to AI-driven enterprise execution is resonating, with management now confident in 8% to 10% full-year EPS growth even as organic momentum slowed from recent quarters.
Cognizant :
CTSH
CTSH
Stock Data
$0.00
$0.00 (0.00%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
TECHNOLOGY
Industry
INFORMATION TECHNOLOGY SERVICES
Cognizant Technology Solutions Corp is a global professional services firm headquartered in Teaneck, New Jersey. It specializes in consulting, technology, and outsourcing services across various sectors including financial services, health sciences, products and resources, and communications, media, and technology. Cognizant is known for its expertise in customer experience, robotic process automation, analytics, AI, digital health, and operational improvements, catering to a wide range of industries from pharmaceuticals and healthcare to retail, manufacturing, and media.
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