Cognizant Technology Solutions Corp. (NASDAQ: CTSH) today announced its first-quarter financial results for the period ended March 31, 2021.
Revenues increased by 5% to $4.4 billion, which also exceeded the analyst’s prediction.
Net income for the first quarter was $505 million, or $0.95 per share, compared to net income of $367 million, or $0.67 per share in the first quarter of 2020.
The adjusted EPS increased by 1% to 0.97 compared to the previous year of the same quarter.