Cognizant raises revenue forecast for third time this year

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Go back to Cognizant raises revenue forecast for third time this year

Cognizant (CTSH) Reports a 3Q Beat and Raise; Needham & Company Reiterates Buy

November 5, 2015 7:18 AM EST

Needham & Company reiterated a Buy rating and $78.00 price target on Cognizant Technology Solutions (NASDAQ: CTSH) following the company's 3Q earnings report. Cognizant reported solid 3Q results, with revenue increasing 3.3% Q/Q and 23.5% Y/Y to $3.187 billion, above consensus of $3.167 billion. Management raised the FY15 outlook for the third time this... More

Cognizant (CTSH) Reports In-Line Q3 EPS

November 4, 2015 6:15 AM EST

Cognizant (NASDAQ: CTSH) reported Q3 EPS of $0.76, in-line with the analyst estimate of $0.76. Revenue for the quarter came in at $3.19 billion versus the consensus estimate of $3.16 billion.

Cognizant sees Q4 2015 EPS of $0.77, versus the consensus of $0.77. Cognizant sees Q4 2015 revenue of $3.23 billion, versus the... More