Cognizant reports 21.4% rise in net profit; gives a flat guidance

May 1, 2025

, By The Economic Times

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ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/news/cognizant”>Cognizant Technology Solutions reported a 21.4% year-on-year (YoY) as well as sequential rise in net profit at $663 million helped by robust margin growth from a land sale gain and weaker base.Partially supported by acquisitions, revenue for the quarter rose 7.5% YoY to $5.12 billion, coming in at the higher end of its guidance, helped by growth in key verticals of health sciences, financial services and products and resources along with healthy aggregate business uptick across regions.

Sequentially, revenue growth remained flat at 0.65% from $5.08…

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Cognizant reports 21.4% rise in net profit; gives a flat guidance

May 1, 2025

, Published By The Economic Times

ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/news/cognizant”>Cognizant Technology Solutions reported a 21.4% year-on-year (YoY) as well as sequential rise in net profit at $663 million helped by robust margin growth from a land sale gain and weaker base.Partially supported by acquisitions, revenue for the quarter rose 7.5% YoY to $5.12 billion, coming in at the higher end of its guidance, helped by growth in key verticals of health sciences, financial services and products and resources along with healthy aggregate business uptick across regions.

Sequentially, revenue growth remained flat at 0.65% from $5.08…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Trump’s water war with Mexico is just starting

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Microsoft puts brakes on AI spending as profit increases 18%

The Economic Times

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