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Cognizant Revenue Hits $5.1B in Q4


Cognizant Technology Solutions (NASDAQ:CTSH), a professional services company specializing in consulting and outsourcing, delivered its Q4 2024 results on Feb. 5, 2025. The earnings report revealed notable beats in both revenue and adjusted EPS. Revenue came in at $5.1 billion, surpassing the expected $5.07 billion. Adjusted EPS reached $1.21, exceeding predictions by $0.09. Overall, the quarter demonstrated significant growth in key areas despite challenges.

Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in 2024-10-30 earnings report.

Cognizant Technology Solutions operates at the forefront of digital technology services. It provides solutions across multiple sectors, including financial services, health sciences, products and resources, and communications, media, technology. The company leverages its significant expertise in digital transformation and offers consulting, application development, cloud, and AI services. Recognized as a leader in digital services, Cognizant continues to focus on industry-specific solutions and has enhanced growth through strategic acquisitions.

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Source Fool.com

Cognizant Technology Solutions Corp. Stock

€52.07
1.380%
Cognizant Technology Solutions Corp. gained 1.380% today.
Cognizant Technology Solutions Corp. is currently one of the favorites of our community with 13 Buy predictions and no Sell predictions.
With a target price of 79 € there is a hugely positive potential of 51.72% for Cognizant Technology Solutions Corp. compared to the current price of 52.07 €.
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