Edition:
India

Cognizant Technology Solutions Reports Q1 EPS $0.77


Friday, 3 May 2019 

May 2 (Reuters) - Cognizant Technology Solutions Corp ::QTRLY REVENUE $4.11 BILLION.QTRLY EARNINGS PER SHARE $0.77.QTRLY ADJUSTED EARNINGS PER SHARE $0.91.Q1 EARNINGS PER SHARE VIEW $1.04, REVENUE VIEW $4.17 BILLION -- REFINITIV IBES DATA.QTRLY REVENUE UP 5.1%, UP 6.8% ON CONSTANT CURRENCY BASIS.SEES Q2 REVENUE UP 3.9-4.9% Y/Y IN CC.SEES FY ADJUSTED EPS $3.87-$3.95.SEES FY REVENUE UP 3.6-5.1% Y/Y IN CONSTANT CURRENCY.SEES FY ADJUSTED OPERATING MARGIN APPROXIMATELY 17.0%.COGNIZANT TECHNOLOGY SOLUTIONS - UTILIZE ABOUT 50% OF GLOBAL FCF ANNUALLY FOR DIVIDENDS AND SHARE REPURCHASES.COGNIZANT TECHNOLOGY SOLUTIONS - PER CAPITAL DEPLOYMENT PLAN, TO REDUCE OUTSTANDING SHARE COUNT BY ABOUT 1% ANNUALLY.Q2 REVENUE VIEW $4.29 BILLION -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $4.46, REVENUE VIEW $17.34 BILLION -- REFINITIV IBES DATA.