Cognizant Results

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  TCS, Infosys, HCL Tech Shares Jump After Cognizant Results, Forecast

  Cognizant Technology Solutions fourth-quarter profit and revenue beat analysts' estimates and the IT services firm gave an upbeat forecast.

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  Bullish on BFSI in Long-Run But This Year 'Tough': Cognizant

  Announcing its financial results for 2015, Cognizant had forecast a negligible change in revenues for January-March 2016 from the preceding quarter and 9.9-14.3 per cent rise for the entire 2016.

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  Cognizant Forecasts Slowest Revenue Growth in 14 Years

  IT services provider Cognizant Technology Solutions Corp forecast its slowest revenue growth in 14 years for the current quarter, as clients worldwide rein in IT spending.

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  At Infosys Q2, Focus likely to be on Vishal Sikka's Strategy

  Infosys will report its September quarter earnings on Friday. Infosys quarterly results are closely tracked by market analysts because its numbers often decide the direction of the broader markets. Infosys has the second highest weightage in the Nifty.

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  Infosys Leads IT Rally Ahead of Q1 Results

  The June quarter is considered to be seasonally strong for outsourcers because most clients firm up their IT budgets by March after which new orders begin to flow. According to Nomura, tier-1 IT companies (TCS, Cognizant, Infosys, Wipro, HCL Tech and Tech Mahindra) are likely to post sequential average revenue growth of 3.4 per cent (in dollar term...

• Cognizant earnings beat estimates as European demand soars

  Cognizant Technology Solutions Corp reported better-than-expected quarterly results as revenue from Europe excluding the UK jumped 54 per cent, and the IT services provider raised its forecast for the year.

• Wipro outlook points to uneven recovery for IT outsourcers

  "If Wipro had been able to make a recovery, then it would have told you that there is a rising demand tide that is lifting most of the boats," said Kuldeep Koul, an analyst at ICICI Securities in Mumbai.

• iGate CEO aims to shake up IT industry billing model

  A former Infosys Ltd executive is challenging the IT outsourcing industry's billing model by charging for results instead of basing fees on the time and labour put in by the armies of staff working for India's big firms.

• How Cognizant's earnings compare with TCS, Infosys

  New Jersey based Cognizant Technology Solutions reported in line earnings for the December quarter. Cognizant is not listed in India but is often compared to TCS and Infosys because 75 per cent of it's employees are based in India. Cognizant results indicate limited acceleration in revenue growth for the Indian IT industry in 2012-13 over 2011-12, ...

• Cognizant quarterly profit rises 22 percent

  IT outsourcing company Cognizant Technology Solutions reported higher-than-expected quarterly results on strong demand from the financial services industry and Europe, and the company raised its full-year earnings forecast.

• IT stocks gain up to 3% on Cognizant Q2 earnings

  Cognizant posted a 21% jump in net profit for the June quarter and gave a bullish annual revenue outlook.

• Technology sector: Takeaways from March quarter 2012 results

  TCS and HCL got the thumbs up from the market, while Infosys, Cognizant and Wipro were beaten down.

• Wall Street mostly up on banks; investors shrug off Europe

  U.S. stocks mostly rose by late afternoon trade on Monday, with financial shares taking the lead as investors shrugged off Europe's election results

• What analysts expect from Infosys Q4 results

  Ahead of quarterly results announcement on Friday, analysts have put out their expectation. The company is expected to post a muted 1-1.5% sequential sales growth, while profits are likely to fall in the range of 3.5-4 per cent, mainly on account of lower utilizations and rupee appreciation.

• Cognizant Q4 net up 16.44%; expects FY'12 revenue at $7.53 bn

  Cognizant reported a growth of 16.44 per cent in its net income at $240.1 million for the fourth quarter.