Cognizant reports earnings decline for Q2

Cognizant Technology Solutions Corporation (CTSH) reported revenues of $4.01 billion for the second quarter of 2018, an increase of 9.2% compared to the same period last year. GAAP net income dropped to $456 million or $0.78 per share from $470 million or $0.70 per share in the prior-year period, mainly due to FX losses associated … Continue reading Cognizant reports earnings decline for Q2