Cognizant’s stock sinks despite Q3 earnings beat and revenue match

Cognizant Technology Solutions Corporation’s (CTSH) shares fell over 3.5% in early trading hours on Tuesday, despite the company surpassing earnings expectations and matching revenue estimates for the third quarter of 2018. Total revenues grew 8.3% to $4.08 billion versus the same period last year, helped by the adoption of a new revenue recognition standard, and … Continue reading Cognizant’s stock sinks despite Q3 earnings beat and revenue match