Cognizant Technology Solutions (CTSH) PT Raised to $78 at Needham & Company

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Go back to Cognizant Technology Solutions (CTSH) PT Raised to $78 at Needham & Company

Cognizant Reports Second Quarter 2017 Results

August 3, 2017 6:00 AM EDT

TEANECK, N.J., Aug. 3, 2017 /PRNewswire/ -- Cognizant Technology Solutions Corporation (NASDAQ: CTSH), one of the world's leading professional services companies, today announced its second quarter 2017 financial results.

Highlights Second Quarter 2017

Quarterly revenue rose to $3.67 billion, up 8.9% from the year-ago quarter and 3.5% sequentially. Quarterly GAAP diluted EPS was $0.80, compared to $0.41 in the year-ago quarter. Quarterly non-GAAP diluted EPS1 was $0.93, compared to $0.87 in the year-ago quarter.

Revenue for the second quarter of 2017... More