Cognizant Technology Solutions Corp Class A

CTSH: XNAS (USA)
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Cognizant Earnings: Financial Services Show Resilient Growth; Project Leap Leads AI Efficiency Gains

Cognizant's third-quarter revenue grew 5% in constant currency, at the midpoint of its guidance. Adjusted operating margin improved by 30 basis points to 16.3%, reaching a four-year high. Management cut full-year growth guidance by 110 basis points at the top end, leading to a 6% selloff on Oct. 29.

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