Cognizant Technology Solutions Corp. (CTSH) reported a profit for its fourth quarter that Increases, from last year
The company's bottom line came in at $648 million, or $1.34 per share. This compares with $546 million, or $1.10 per share, last year.
Excluding items, Cognizant Technology Solutions Corp. reported adjusted earnings of $651 million or $1.35 per share for the period.
The company's revenue for the period rose 4.9% to $5.333 billion from $5.082 billion last year.
Cognizant Technology Solutions Corp. earnings at a glance (GAAP) :
-Earnings: $648 Mln. vs. $546 Mln. last year.-EPS: $1.34 vs. $1.10 last year.-Revenue: $5.333 Bln vs. $5.082 Bln last year.
-Guidance:Next quarter revenue guidance: $ 5.36 B To $ 5.44 B
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.