Cognizant posts $5.25-bn revenue, beats estimates

NASDAQ-LISTED Cognizant reported better-than-expected second-quarter results, with revenues growing 8.1% year-on-year to $5.25 billion and net profits rising 14% y-o-y to $645 million.

- FE BUREAU

The company's revenues rose 7.2% in constant currency, exceeding its guidance band of 5-6.5%.

The company raised its 2025 constant currency revenue growth guidance, narrowing it to 4-6% on the lower end, from its previous full-year guidance of 3.5-6%. The firm's 2025 adjusted operating margin guidance remains unchanged at 15.5-15.7%, representing an expansion of 20 to 40 basis points y-o-y. "Our second-quarter revenue performance exceeded the high end of our guidance range, underscoring the effectiveness of our strategy to build a resilient and durable portfolio that positions us to win in the AI era," said CEO Ravi Kumar S. Deal wins for the quarter were strong.