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 , still down 9.32% from its 52 week high of $71.48 set on February 6. 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 July 22, 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 July 15 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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar