Cognizant (CTSH) Tops Q4 EPS by 1c

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Cognizant Reports Fourth Quarter and Full Year 2016 Results

February 8, 2017 6:00 AM EST

TEANECK, N.J., Feb. 8, 2017 /PRNewswire/ -- Cognizant Technology Solutions Corporation (NASDAQ: CTSH), one of the world's leading professional services companies, today announced its fourth quarter and full year 2016 financial results.

Highlights Fourth Quarter 2016

Quarterly revenue rose to $3.46 billion, up 7.1% from the year-ago quarter and 0.3% sequentially. Quarterly GAAP diluted EPS was $0.68, compared to $0.69 in the year-ago quarter. Quarterly non-GAAP diluted EPS1 was $0.87, compared to $0.80 in the year-ago quarter.

Revenue for the fourth... More