Edition:
United States

Cognizant Technology Solutions Reports Q4 GAAP Loss Per Share Of $0.03


Wednesday, 7 Feb 2018 06:00am EST 

Feb 7 (Reuters) - Cognizant Technology Solutions Corp ::COGNIZANT REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $1.03.Q4 GAAP LOSS PER SHARE $0.03.SEES Q1 2018 NON-GAAP EARNINGS PER SHARE AT LEAST $1.04.SEES FY 2018 REVENUE $16 BILLION TO $16.3 BILLION.SEES Q1 2018 REVENUE $3.88 BILLION TO $3.92 BILLION.Q4 REVENUE ROSE 10.6 PERCENT TO $3.83 BILLION.INCREASES QUARTERLY DIVIDEND 33% TO $0.20 PER SHARE.SEES FULL YEAR 2018 NON-GAAP DILUTED EPS EXPECTED TO BE AT LEAST $4.53.FY2018 EARNINGS PER SHARE VIEW $4.35, REVENUE VIEW $16.18 BILLION -- THOMSON REUTERS I/B/E/S.Q1 EARNINGS PER SHARE VIEW $1.01, REVENUE VIEW $3.88 BILLION -- THOMSON REUTERS I/B/E/S.Q4 EARNINGS PER SHARE VIEW $0.97, REVENUE VIEW $3.82 BILLION -- THOMSON REUTERS I/B/E/S.COGNIZANT TECHNOLOGY - 2017 GAAP NET LOSS INCLUDED A ONE-TIME INCREMENTAL INCOME TAX EXPENSE OF $617 MILLION RELATED TO U.S. TAX CUTS AND JOBS ACT.