Cognizant Q2 net profit up 12.7%, lowers full-year guidance | Mint - Mint

The Teaneck, New Jersey-based firm lowered its full-year 2022 revenue growth guidance to 8.5-9.5% in constant currency at $19.7-19.9 billion, from the 9-11% growth it guided in the previous quarter.

Nasdaq-listed Cognizant Technology Solutions Corp. reported a 12.7% rise in net profit to $577 million for the June quarter from $512 million a year ago, on the back of a 9.5% rise in revenue in cons… [+2788 chars]

full article...