Investing.com - Cognizant (NASDAQ:CTSH) A reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cognizant A announced earnings per share of $0.82 on revenue of $4.00B. Analysts polled by Investing.com anticipated EPS of $0.69 on revenue of $3.84B.
Cognizant A shares are up 4% from the beginning of the year and are trading at $64.82 , down-from-52-week-high.They are under-performing the Nasdaq which is up 17.5% from the start of the year.
Cognizant A follows other major Technology sector earnings this month
Cognizant A's report follows an earnings beat by Microsoft on Wednesday, July 22, 2020, who reported EPS of $1.46 on revenue of $38.03B, compared to forecasts EPS of $1.34 on revenue of $36.54B.
Taiwan Semiconductor had beat expectations on Wednesday, July 15, 2020 with second quarter EPS of $0.79 on revenue of $10.55B, compared to forecast for EPS of $0.72 on revenue of $10.38B.
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