Friday, June 5, 2009

Cognizant Q1 profit up 11 p.c

Cognizant Technology Solutions Corporation, a provider in information technology services, today reported a net profit of $113.1 million for the first quarter of 2009, up 11 per cent from the year-ago quarter.

It recorded a quarterly revenue of $745.9 million, up 16 per cent from Q1 2008, which beats the revenue guidance of at least $735 million, said a press release

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