Cognizant beats quarterly earnings estimates on lower costs [Reuters (UK)]
Cognizant Technology Solutions Corporation - Class A (CTSH)
Last cognizant technology solutions corporation - class a earnings: 2/5 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
cognizant.com/investors
Company Research
Source: Reuters
Cognizant beats quarterly earnings estimates on lower costs - Reuters 1 Min Read (Reuters) - Cognizant Technology Solutions Corp beat Wall Street estimates for quarterly profit and revenue on Wednesday, as a trim in its workforce reduced costs, sending shares up about 4%. The company said in October it would cut jobs to invest in growth areas such as cloud and internet of things to cushion the impact from a decline in spending by its financial customers, which Cognizant expected to continue through the second half of 2019. Revenue rose 4% to $4.28 billion in the fourth quarter from a year ago, above analysts’ average estimate of $4.23 billion, according to IBES data from Refinitiv. Net income fell 39% to $395 million. Excluding items, the company earned $1.07 per share, above estimates of $1.04 per share. Reporting by Amal S in Bengaluru; Editing by Shinjini Ganguli All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2020 Reuters
Show less
Read more
Impact Snapshot
Event Time:
CTSH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CTSH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CTSH alerts
High impacting Cognizant Technology Solutions Corporation - Class A news events
Weekly update
A roundup of the hottest topics
CTSH
News
- Does Cognizant Still Offer Value After Recent Gains and DCF Upside Signals? [Yahoo! Finance]Yahoo! Finance
- Cognizant verdubbelt inzet voor Synapse met een nieuw doel om twee miljoen te bereiken in 2030PR Newswire
- Cognizant Doubles Down on Synapse Commitment with New Target to Reach Two Million by 2030PR Newswire
- Cognizant Doubles Down on Synapse Commitment with New Target to Reach Two Million by 2030PR Newswire
- Cognizant Doubles Down on Synapse Commitment with New Target to Reach Two Million by 2030PR Newswire
CTSH
Earnings
- 10/29/25 - Beat
CTSH
Sec Filings
- 12/4/25 - Form 144
- 12/4/25 - Form 144
- 12/3/25 - Form 4
- CTSH's page on the SEC website