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Cognizant Reports First Quarter 2017 Results

May 5, 2017 6:00 AM EDT

TEANECK, N.J., May 5, 2017 /PRNewswire/ -- Cognizant Technology Solutions Corporation (NASDAQ: CTSH), one of the world's leading professional services companies, today announced its first quarter 2017 financial results.

Highlights First Quarter 2017

Quarterly revenue rose to $3.55 billion, up 10.7% from the year-ago quarter and 2.4% sequentially. Quarterly GAAP diluted EPS was $0.92, compared to $0.72 in the year-ago quarter. Quarterly non-GAAP diluted EPS1 was $0.84, compared to $0.80 in the year-ago quarter.

Revenue for the first quarter of 2017... More