Investing.com - Cognizant (NASDAQ:CTSH) A reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Cognizant A announced earnings per share of $1.1 on revenue of $4.78B. Analysts polled by Investing.com anticipated EPS of $1.04 on revenue of $4.78B.
Cognizant A shares are down 0% from the beginning of the year, still down 4.12% from its 52 week high of $92.03 set on January 4. They are outperforming the Nasdaq 100 which is down 7.23% from the start of the year.
Cognizant A shares lost 0.50% in after-hours trade following the report.
Cognizant A follows other major Information Technology sector earnings this month
Cognizant A's report follows an earnings beat by Apple on January 27, who reported EPS of $2.1 on revenue of $123.95B, compared to forecasts EPS of $1.9 on revenue of $119B.
Microsoft had beat expectations on January 25 with second quarter EPS of $2.48 on revenue of $51.73B, compared to forecast for EPS of $2.32 on revenue of $50.71B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar