IT services major Cognizant’s 4.5% revenue growth in Q2 2026 and 4.1% constant currency growth are a striking deceleration from Q2 2025. Bookings also declined by 6% year-over-year in the said quarter, a sharp contrast to CEO Ravi Kumar Singisetti’s claims of accelerating AI-led demand. Despite a slow year-on-year growth, the revenue, however, was in line with its guidance estimates for Q2 and beat peers like Infosys (2.4% growth), Wipro (0.9%),…
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