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Cognizant revenue rises 8.4 pct
November 7, 2016 / 11:08 AM / a year ago

Cognizant revenue rises 8.4 pct

Nov 7 (Reuters) - IT services provider Cognizant Technology Solutions Corp reported an 8.4 percent rise in quarterly revenue, helped by demand for its cloud services.

The company’s total revenue rose to $3.45 billion in the third quarter ended Sept. 30 from $3.19 billion a year earlier.

Net income rose to $444.4 million, or 73 cents per share, from $397.2 million, or 65 cents per share. (Reporting by Rishika Sadam in Bengaluru; Editing by Shounak Dasgupta)

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