Cognizant Reports Fourth Quarter and Full Year 2016 Results
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Cognizant Technology Solutions (CTSH) PT Raised to $64 at Oppenheimer on Increasing Margins
February 9, 2017 9:34 AM ESTOppenheimer analyst Glenn Greene reiterates Outperform rating and raises price target on Cognizant Technology Solutions (NASDAQ: CTSH), citing increasing margins and shareholder returns, despite U.S. Visa concerns.
Greene comments, "Cognizant reported mixed 4Q16 results with 0.3% Q/Q revenue growth (below our/ Street... More
Cognizant (CTSH) Announces Cooperation Agreement with Elliott
February 8, 2017 8:36 AM ESTCognizant Technology Solutions Corporation ("Cognizant" or the "Company") (NASDAQ: CTSH), one of the world's leading technology services companies, today announced that it has entered into a cooperation agreement with Elliott Management ("Elliott").
Pursuant to the terms of the cooperation agreement, the Cognizant Board of Directors has agreed to continue the ongoing process of refreshing the Board by appointing three new independent directors, two of which will be named prior to the mailing of the Company's definitive proxy statement for the 2017 Annual Meeting of Stockholders and one of which will be named in connection... More
Cognizant (CTSH) Tops Q4 EPS by 1c
February 8, 2017 6:01 AM ESTCognizant (NASDAQ: CTSH) reported Q4 EPS of $0.87, $0.01 better than the analyst estimate of $0.86. Revenue for the quarter came in at $3.46 billion versus the consensus estimate of $3.49 billion.
For earnings history and earnings-related data on Cognizant (CTSH) click here.
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