Investing.com - Cognizant (NASDAQ:CTSH) A reported first quarter earnings that missed analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.91 on revenue of $4.11B. Analysts polled by Investing.com expected EPS of $1.04 on revenue of $4.16B. That compared to EPS of $1.06 on revenue of $3.91B in the same period a year earlier. The company had reported EPS of $1.13 on revenue of $4.13B in the previous quarter.
Cognizant A shares lost 2.94% to trade at $64.65 in after-hours trade following the report.
Cognizant A follows other major Technology sector earnings this month
On April 24, Microsoft reported third quarter EPS of $1.14 on revenue of $30.57B, compared to forecasts of EPS of $1 on revenue of $29.88B.
Apple earnings Beat analysts' expectations on Tuesday, with second quarter EPS of $2.46 on revenue of $58.02B. Investing.com analysts expected EPS of $2.37 on revenue of $57.58B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar