Cognizant Ups Revenue Guidance for This Year
Financial Express Chennai
|February 07, 2025
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.
यह कहानी Financial Express Chennai के February 07, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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