CTSH

Cognizant Technology Solutions Corp. Announces Rise In Q4 Bottom Line

(RTTNews) - Cognizant Technology Solutions Corp. (CTSH) reported a profit for its fourth quarter that Increases, from last year

The company's bottom line came in at $648 million, or $1.34 per share. This compares with $546 million, or $1.10 per share, last year.

Excluding items, Cognizant Technology Solutions Corp. reported adjusted earnings of $651 million or $1.35 per share for the period.

The company's revenue for the period rose 4.9% to $5.333 billion from $5.082 billion last year.

Cognizant Technology Solutions Corp. earnings at a glance (GAAP) :

-Earnings: $648 Mln. vs. $546 Mln. last year. -EPS: $1.34 vs. $1.10 last year. -Revenue: $5.333 Bln vs. $5.082 Bln last year.

-Guidance: Next quarter revenue guidance: $ 5.36 B To $ 5.44 B

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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