Categories AlphaGraphs, Earnings, Technology
Cognizant (CTSH) Earnings: Key numbers from Q2 2020 results
Expects FY20 adj. diluted EPS in the range of $3.48-3.58
Cognizant Technology Solutions Corp. (NASDAQ: CTSH) today announced its second quarter financial results for the period ended June 30, 2020.
Net income for the second quarter was $361 million, or $0.67 per share, compared to net income of $509 million, or $0.90 per share in the second quarter of 2019.
Revenues decreased 3.4% to $4.0 billion.
“We made progress against our cost structure initiative allowing us to fund investments aligned to our long-term growth strategy and delivered solid operating performance in a challenging environment. Strong free cash flow further strengthened our balance sheet and provides us with ample financial flexibility.”
Karen McLoughlin, Chief Financial Officer
Check out the past quarters performance:
COVID-19 puts insurers in tricky situation; risks range from litigation to insolvency
Ravaging almost every part of the world and crippling economic activity, the coronavirus pandemic has not spared any business. When it comes to the insurance industry, the nature of impact is complex and there is no doubt the companies will struggle with their underwriting decisions once the damage is fully assessed.
Most Popular
SNAP Earnings: All you need to know about Snap’s Q2 2021 earnings results
Snap Inc. (NYSE: SNAP) reported second quarter 2021 earnings results today. Revenues increased 116% year-over-year to $982 million. Net loss amounted to $151.6 million, or $0.10 per share, compared to
TWTR Earnings: Twitter swings to profit in Q2 as revenues surge 74%; results beat
Microblogging platform Twitter, Inc. (NYSE: TWTR) Thursday reported a profit for the second quarter of fiscal 2021, compared to a loss last year. Both earnings and revenue came in above
Earnings Infographic: Intel (INTC) Q2 2021 profit, revenue beat estimates
Intel Corporation (NASDAQ: INTC) Thursday reported financial results for the second quarter of 2021. The revenue was reported at $19.6 billion compared to $19.7 billion in the previous year's second
