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Cognizant Technology Solutions Corp Issues Q3 2013 Guidance Above Analysts' Estimates; Raises FY 2013 Guidance


Tuesday, 6 Aug 2013 06:00am EDT 

Cognizant Technology Solutions Corp announced that for third quarter of 2013, it expects revenue to be at least $2.25 billion and diluted earnings per share (EPS) to be $1.00 on a GAAP basis and $1.09 on a non-GAAP basis. For fiscal 2013, it expects revenue to be at least $8.74 billion, up at least 19% compared to 2012. Fiscal 2013 diluted EPS is expected to be at least $3.96 on a GAAP basis and $4.32 on a non-GAAP basis. According to I/B/E/S Estimates, analysts' on an average were expecting the Company to report revenue of $2.21 billion and EPS of $1.03 for third quarter of 2013; revenue of $8.64 billion and EPS of $4.02 for fiscal 2013. 

Company Quote

45.0
-0.31 -0.68%
19 Sep 2014