August 2, 2018 / 10:05 AM / 18 days ago

IT services firm Cognizant revenue rises 9.2 pct

Aug 2 (Reuters) - Cognizant Technology Solutions Corp on Thursday reported a 9.2 percent rise in quarterly revenue, as it benefited from higher spending by clients in the healthcare and financial industries.

The company said net income fell to $456 million, or 78 cents per share in the second quarter ended June 30, from $470 million, or 80 cents per share, a year earlier.

Revenue rose to $4.01 billion from $3.67 billion. (Reporting by Arjun Panchadar in Bengaluru)

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