Author Archives: Lokesh Choudhary - Page 2

04 May

Cognizant’s Q1 Net Profit Rises Amidst Employee Count Fall

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rth quarter, reaching $580 million, citing lower administration costs and higher other income. The company's revenue for the three-month period that ended in March declined 0.3% YoY to $4.81 billion but surpassed Street estimates of $4.74 billion.

The company's bookings in the quarter ended March grew 28% YoY, with bookings on a trailing 12-month basis reaching $25.6 billion, up 9%.

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