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Cognizant Q1 earnings 34 cents per share vs 25 cents

NEW YORK (MarketWatch) — Cognizant Technology Solutions Corp. said Wednesday its first-quarter profit totaled $102 million, or 34 cents per share, from $75 million, or 25 cents per share, in the same quarter a year before. The result compared with 33 cents per share analysts had expected, according to a FactSet Research survey. Revenue for the quarter totaled $643 million compared to $460 million in the year-ago quarter. The Teaneck, N.J. company said that second-quarter revenue should “be at least $680 million,” with earnings for the quarter seen between 34 cents and 35 cents.
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Original post by Forextvblog

This entry was posted on Wednesday, May 7th, 2008 at 7:15 am and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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