Monday, November 9, 2009

Cognizant net up 21 per cent

Even as IT bellwether Cognizant Technology Solutions raised its outlook for 2009-10, it reported a 21 per cent growth in net profit for the quarter ended September 30, 2009, to $136.6 million compared with $112.8 million during the corresponding period a year ago.

The Nasdaq-listed company’s revenue rose to $853.5 million from $734.7 million, an increase of 16 per cent from the year-ago quarter and 10 per cent sequentially (compared to the trailing quarter).

To read more


No comments:

Post a Comment