Cognizant Technology Solutions Reports $546 Million Quarterly Profit
The company records $5.1 billion revenue for Q4 ended Dec 31, 2024
COGNIZANT TECHNOLOGY SOLUTIONS CORP [CTSH] reported $546 million profit for Q4 ended Dec 31, 2024, showing a decrease of $12 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 5, 2025 that it generated revenue of $5.1 billion for the period, showing an increase of $324 million in the same quarter of the previous year.
Based in Teaneck, New Jersey, the company reported $1.1 earnings per share for the period, compared to $1.1 in the last quarter.
The company's profit decreased by 2.15% from $558 million in the last quarter.
The revenue of Cognizant Technology Solutions Corporation with 336.8 thousand employees on the rolls showed 6.81% an increase from $4.8 billion in the last quarter.
The revenue increased 6.81% from $4.8 billion in the same quarter of the previous year.
As of February 5, 2025 end of day trading.
