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Cognizant Technology Solutions Corp Issues Q4 2012 Guidance In Line With Analysts' Estimates; Reaffirms FY 2012 Revenue Guidance; Raises FY 2012 EPS Guidance


Wednesday, 7 Nov 2012 06:00am EST 

Cognizant Technology Solutions Corp announced that for the fourth quarter of 2012, it revenue to be at least $1.94 billion, diluted EPS to be $0.91 on a GAAP basis and $0.97 on a non-GAAP basis, which excludes estimated stock-based compensation expense. For fiscal 2012, it now expects revenue to be at least $7.34 billion, diluted EPS to be at least $3.42 on a GAAP basis, and $3.69 on a non-GAAP basis, which excludes estimated stock-based compensation expense. EPS guidance excludes any fourth quarter non-operating foreign currency exchange gain or loss. According to I/B/E/S Estimates, analysts' on an average were expecting the Company to report revenue of $1.87 billion and EPS of $0.87 for fourth quarter 2012; revenue of $7.34 billion and EPS of $3.37 for fiscal 2012. 

Company Quote

46.01
0.275 +0.60%
12:47pm EDT