Categories Earnings, Technology

A visual representation of Cognizant (CTSH) Q1 2020 earnings results

Cognizant Technology Solutions Corporation (NASDAQ: CTSH) reported Q1 2020 earnings results today.

Cognizant reports Q1 2020 earnings results

Revenue increased 2.8% year-over-year to $4.2 billion. On a constant currency basis, revenues grew 3.5%. The topline results included a 50 basis point negative impact from the exit of certain content services business.  

Net income was $367 million, or $0.67 per share, compared to $441 million, or $0.77 per share, in the same period last year. Adjusted EPS was $0.96.

Past Performance

Cognizant outclasses Q3 earnings and revenue estimates; stock gains
Cognizant reported adjusted EPS of $0.94 on revenue of $4.14 billion for the second quarter of 2019.

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