0 0 0.0243189164229644 0.015853470832692 0.015853470832692 0.0213944897645067 0.0213944897645067 0.015853470832692
Sign Up Today X
Thanks for submitting the form.
Stockreport

Cognizant beats quarterly earnings estimates on lower costs [Reuters (UK)]

Cognizant Technology Solutions Corporation - Class A (CTSH)  More Company Research Source: Reuters
Last cognizant technology solutions corporation - class a earnings: 2/5 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: cognizant.com/investors
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 [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 (SHARES)
TICKS
AVG SHARES PER TRADE
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
Opt-in for
CTSH alerts
from News Quantified
CTSH
NEWS
CTSH
Earnings
CTSH
Analyst Actions
CTSH
SEC Filings
Stockreport

Cognizant beats quarterly earnings estimates on lower costs [Reuters (UK)]

Cognizant Technology Solutions Corporation - Class A  (CTSH) 
More Company Research Source: Reuters
Last cognizant technology solutions corporation - class a earnings: 2/5 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: cognizant.com/investors
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 [Read more]
IMPACT SNAPSHOT
EVENT TIME:
CTSH
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
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 (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS