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Cognizant ups revenue guidance for this year
Financial Express Ahmedabad
|February 07, 2025
Exceeds revenue estimates for Q4
US-BASED IT services firm Cognizant Technology Solutions exceeded market estimates on the revenue front in the quarter ended December and also raised its 2025 guidance.
The Nasdaq-listed company's annual revenue guidance for 2025 stands between 3.5% and 6% in constant currency (CC) terms. This marks a significant increase from last year's projection, which ranged from -2% to 2% in CC terms. Cognizant follows the calendar year.
For Q1, the firm has projected its revenue to grow between 6.5% and 8% in CC terms, exceeding the previous quarter's guidance range of 5.1% to 7.1%. "We have seen early pipeline opportunities and identified the potential for new joint offerings in areas such as model-based system in systems engineering," Cognizant CEO, Ravi Kumar S, had stated in October while addressing analysts.
Cette histoire est tirée de l'édition February 07, 2025 de Financial Express Ahmedabad.
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