Cognizant Technology Solutions (CTSH) PT Lifted to $76 at Needham & Company on Strong Start to FY15

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Cognizant Announces First Quarter 2015 Results

May 4, 2015 6:00 AM EDT

TEANECK, N.J., May 4, 2015 /PRNewswire/ -- Cognizant Technology Solutions Corporation (NASDAQ: CTSH), a leading provider of information technology, consulting, and business process outsourcing services, today announced its first quarter 2015 financial results.

HighlightsFirst Quarter 2015

First quarter revenue of $2.91 billion was up 20.2% from the year-ago period and up 6.2% sequentially. GAAP diluted EPS was $0.62, up from $0.57 in the year-ago period. Non-GAAP diluted EPS was $0.71, up from $0.62 in the year-ago period. Net headcount addition for... More