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UPDATE: Cognizant Posts Higher Q1 Profit

Cognizant Technology Solutions Corp (NASDAQ: CTSH) reported a rise in its first-quarter profit.

Cognizant's quarterly net income climbed to $243.7 million, or $0.79 per share, versus $208.3 million, or $0.67 per share, in the year-ago period.

Its revenue climbed 25% to $1.71 billion.

Cognizant shares closed at $69.66 on Friday.

Posted-In: profitEarnings News

 

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