Cognizant quarterly profit rises 22 percent

Wed Nov 7, 2012 6:10am EST

Nov 7 (Reuters) - Cognizant Technology Solutions Corp reported a 22 percent rise in quarterly profit as revenue rose 18 percent.

Net income rose to $276.9 million, or 91 cents per share, from $227.1 million, or 73 cents per share, a year earlier.

Revenue rose to $1.89 billion from $1.60 billion.

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