IT services major Cognizant has kept its revenue growth guidance for the full year unchanged at 3.5–6 per cent in constant currency. This outlook is supported by a revival in discretionary spending in the banking, financial services and insurance (BFSI) segment, AI-led transformation across the client ecosystem, and inorganic growth. The company reported net income of $663 million for the first quarter of calendar year 2025 (Q1 CY25), a 21.4 per cent increase over $546 million in the same quarter of CY2024.