Cognizant (CTSH) PT Raised to $78 at Needham & Company
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Cognizant Announces Record Second Quarter 2015 Results
August 5, 2015 6:00 AM EDTTEANECK, N.J., Aug. 5, 2015 /PRNewswire/ -- Cognizant Technology Solutions Corporation (NASDAQ: CTSH) today announced its second quarter 2015 financial results.
HighlightsSecond Quarter 2015
Second quarter revenue of $3.09 billion was up 22.6% from the year-ago period and up 6.0% sequentially. GAAP diluted EPS was $0.68, up from $0.61 in the year-ago period. Non-GAAP diluted EPS was $0.79, up from $0.66 in the year-ago period.Revenue for the second quarter of 2015 rose to $3.09 billion, up 22.6% from $2.52 billion in the second quarter of 2014. GAAP net income was $420.1 million, or $0.68 per diluted share,... More
