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0.000483659227527072 0.00131278933185931 0.000483659227527072 0.000760035928971086 -0.00158916603330352 -0.00518206315207628 -0.00145097768258141 0.00214191943619154
Stock impact report

EPAM raises 2025 forecasts on strong IT services spending [Yahoo! Finance]

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: Yahoo! Finance
their ?systems for artificial intelligence , sending shares of the IT consultancy ?firm 4% higher in premarket trading on Thursday. Enterprises overhauling their legacy systems in a move towards cloud computing, automation and AI have bolstered demand for services of ?companies such as EPAM.? Rival Cognizant also bumped its full-year profit expectations last month on strong AI-?related spending. EPAM now expects annual adjusted earnings between $11.36 and $11.44 per share, up from its prior range ?of $10.96 to $11.12 a share.? Its revenue is now expected to grow 14.8% to 15.2% in 2025, up from 13.0% to 15.0% forecast previously. Both the forecasts were above analysts' estimates, according ?to data compiled by LSEG. The ?company has also been benefiting ?from steady demand across financial services, software and consumer products. For the third quarter ended September ?30, EPAM ?reported revenue of $1.39 billion, topping expectations of $1.38 billion. Adjusted earnings of ?$3 Show less Read more
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