Cognizant Technology Solutions Corporation (NASDAQ: CTSH) reported mixed results for its fourth quarter on Tuesday.
Cognizant Tech posted adjusted earnings of $1.18 per share, beating market estimates of $1.04 per share. The company’s quarterly sales came in at $4.758 billion versus expectations of $4.759 billion, according to data from Benzinga Pro.
“I’m grateful to our nearly 350,000 employees for their tremendous year-long work enhancing our strength as industry experts, collaborative partners and passionate innovators for our clients,” said Ravi Kumar S, Chief Executive Officer. “We delivered Q4 revenue within our guided range and we’ve maintained our commercial momentum. Full-year bookings of $26.3 billion represent an increase of 9% year-over-year, driven by new …
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