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  • Cognizant Technology Solutions reported higher-than-expected quarterly results on increased demand for its outsourcing and consulting services, and the company raised its full-year earnings forecast. Cognizant said it now expects full-year earnings of at least $3.42 per share, up from its previous forecast of at least $3.38 per share. It reaffirmed its revenue forecast of $7.34 billion. Analysts on average expect earnings of $3.39 per share on revenue of $7.34 billion, according to Thomson Reuters data. [caption id=attachment_518312 align=alignleft width=380

    Cognizant Technology Solutions reported higher-than-expected quarterly results on increased demand for its outsourcing and consulting services, and the company raised its full-year earnings forecast. Cognizant said it now expects full-year earnings of at least $3.42 per share, up from its previous forecast of at least $3.38 per share. It reaffirmed its revenue forecast of $7.34 billion. Analysts on average expect earnings of $3.39 per share on revenue of $7.34 billion, according to Thomson Reuters data. [caption id=attachment_518312 align=alignleft width=380