IT major Cognizant Technology Solutions (CTS) met both street expectations and its own guidance on the back of marginal improvements in demand from financial services sector. CTS reported quarterly revenue of $4.14 billion — up 3.4% (4.7% in constant currency) in June. Sequentially, revenue grew marginally from $4.11 billion in the quarter ended March.
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Wednesday, July 31, 2019
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Cognizant's June profit beats estimates; IT major expects softness in banking demand
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Cognizant's June profit beats estimates; IT major expects softness in banking demand https://ift.tt/2GDZ9kT
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