Cognizant forecasts weak quarterly revenue amid cautious client spending

Cognizant trims 2026 revenue guidance despite beating peers on Q2 revenue growth

Net profit is down 1.4% to $636 million, marginally down from $645 million in the same quarter last year while operating margins went up 30 basis point to 15.9%

Cognizant forecasts weak quarterly revenue amid cautious client spending

July 29 (Reuters) - Cognizant Technology forecast quarterly revenue below Wall Street estimates on Wednesday, ​as clients remained cautious ‌on discretionary IT spending. Shares of the company were down 3% in premarket trading. • Cognizant expects thir...