Similar to industry outlook owing to lower discretionary spends by clients amid macro uncertainty, the Nasdaq-listed company shrunk its fourth quarter revenue outlook to be in the $4.69 – $4.82 billion range, a decline of 3.1% to 0.3%, or a decline of 4.0% to 1.2% in constant currency.
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Cognizant Q3 profit falls 16.5%, narrows revenue guidance
Similar to industry outlook owing to lower discretionary spends by clients amid macro uncertainty, the Nasdaq-listed company shrunk its fourth quarter revenue outlook to be in the $4.69 – $4.82 billion range, a decline of 3.1% to 0.3%, or a decline of 4.0% to 1.2% in constant currency.
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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