Investing.com - Cognizant (NASDAQ:CTSH) A reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Cognizant A announced earnings per share of $1.08 on revenue of $4.83B. Analysts polled by Investing.com anticipated EPS of $1.04 on revenue of $4.83B.
Cognizant A shares are down 4% from the beginning of the year and are trading at $84.36 , down-from-52-week-high.They are outperforming the Nasdaq which is down 17.13% from the start of the year.
Cognizant A follows other major Information Technology sector earnings this month
Cognizant A's report follows an earnings beat by Apple on Thursday, April 28, 2022, who reported EPS of $1.52 on revenue of $97.28B, compared to forecasts EPS of $1.42 on revenue of $94.03B.
Microsoft had beat expectations on Tuesday, April 26, 2022 with third quarter EPS of $2.22 on revenue of $49.36B, compared to forecast for EPS of $2.19 on revenue of $49.02B.
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