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Cognizant A Earnings, Revenue Beat in Q3

Cognizant A Earnings, Revenue Beat in Q3

Investing.com - Cognizant (NASDAQ:CTSH) A reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.

The firm reported earnings per share of $1.08 on revenue of $4.25B. Analysts polled by Investing.com anticipated EPS of $1.05 on revenue of $4.21B. That compared to EPS of $1.19 on revenue of $4.08B in the same period a year earlier. The company had reported EPS of $0.94 on revenue of $4.14B in the previous quarter.

Cognizant A shares gained 5.13% to trade at $62.96 in after-hours trade following the report.


Cognizant A follows other major Technology sector earnings this month

On October 23, Microsoft reported first quarter EPS of $1.38 on revenue of $33.06B, compared to forecasts of EPS of $1.25 on revenue of $32.15B.

Alphabet C earnings missed analysts' expectations on Monday, with third quarter EPS of $10.12 on revenue of $40.5B. Investing.com analysts expected EPS of $12.28 on revenue of $40.3B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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