Cognizant lowers revenue guidance for 2023 even as large deals rise – Times of India
[ad_1] CHENNAI: IT major Cognizant on Thursday reported a 3% rise in net profit at $580 million primarily on the back of lower selling and general administration expenses and other cost optimization actions. Quarterly revenue at $4.8 billion grew 1.5% year-on-year in constant currency terms beating analyst estimates marginally. Approximately, 30% of the quarter’s deal … Read more