Cognizant Technology Solutions (CTSH) showed more growth in its core banking and fast growing health care business when it reported first-quarter earnings Monday that beat analyst estimates. The information technology and outsourcing service company’s outlook was mixed. But Cognizant stock rose 6.3% to 62.86 in early trading in the stock market today. Cognizant’s earnings follows uneven results from rivals, with some including Accenture (ACN)
Cognizant Technology Solutions (CTSH) may be able to show that it has avoided recent stumbles affecting peers such as Infosys when it reports its first-quarter earnings before the market open Monday. The technology consulting and outsourcing services company will likely see its quarter driven by a combination of factors. These include increased spending by customers and more growth coming from acquisitions including TriZetto, a maker of software
Cognizant Technology Solutions (CTSH) continues its plan to grow its life science practice through acquisitions. The provider of tech services and business process outsourcing said Tuesday that it has acquired Cadient Group, a privately held digital marketing agency, to help build Cognizant’s health care and life science practice. Terms were not disclosed. Cognizant stock was up a fraction in early trading in the stock market today, near 44.