Cognizant Technology Solutions' Q2 Adjusted Earnings, Revenue Increase; 2026 Outlook Updated

MT Newswires Live07-29 18:49

Cognizant Technology Solutions (CTSH) reported Q2 adjusted earnings Wednesday of $1.37 per diluted share, up from $1.31 a year earlier.

Analysts polled by FactSet expected $1.38.

Revenue for the quarter ended June 30 was $5.48 billion, up from $5.25 billion a year earlier.

Analysts polled by FactSet expected $5.48 billion.

The company expects Q3 revenue of $5.60 billion to $5.68 billion.

Analysts polled by FactSet expect $5.70 billion.

For 2026, the company now expects adjusted earnings of $5.70 to $5.82 per diluted share, compared with its previous guidance of $5.63 to $5.77.

Analysts expect $5.70.

The company now expects 2026 revenue of $22.04 billion to $22.35 billion, compared with its previous guidance of $22.11 billion to $22.64 billion.

Analysts expect $22.28 billion.

Shares of Cognizant Technology Solutions were down 2.9% in premarket activity.

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