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Examine the evolution of Cognizant's (CTSH) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
Cognizant's (CTSH) first-quarter 2024 results suffer from a challenging macroeconomic environment and cautious client spending.
While the top- and bottom-line numbers for Cognizant (CTSH) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Cognizant (CTSH) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $1.11 per share a year ago.
Cognizant Technology Solutions beat Wall Street estimates for first-quarter revenue on Wednesday, helped by steady spending by clients, sending its shares up more than 4% in aftermarket trading.
Cognizant's (CTSH) first-quarter performance will likely reflect strength from an expanding clientele and a robust pipeline that includes a favorable mix of new opportunities.
Cognizant (CTSH) partners with FICO to launch a cloud-based real-time payment fraud prevention solution to protect customers from digital payment scams.
Cognizant and FICO plan to launch a cloud-based real-time payments fraud prevention solution designed for North American banks and other payment service providers. The joint offering would leverage both firms' artificial intelligence (AI) and machine learning (ML) technologies, the companies said in a Wednesday (April 17) press release.
Cognizant (CTSH) transforms retail with Shopify and Alphabet's cloud business Google Cloud partnership, driving digital transformation for global brands.
Shopify is calling in reinforcements as eCommerce solution providers aim to equip brands and retailers to hold their own against Amazon. Cognizant, which provides digital solutions, technology consulting and IT services to various industries, is partnering with Shopify and Google to help brands and retailers upgrade their online shops, according to a news release.