30-October-2026
Corporate News
 
Cognizant cuts revenue outlook despite Q3 beat
30-Oct-2026

Cognizant has lowered its full-year 2026 revenue growth guidance despite reporting better-than-expected revenue in the July-September quarter, as persistent macroeconomic uncertainty and delayed client spending weigh on its growth outlook. The US-based IT services firm now expects revenue to grow 4-4.4% in constant currency terms, against its earlier forecast of 4-5.5%, with the upper end falling below Bloomberg estimates of 4.5%.

News Source:- https://www.financialexpress.com/business/industry-cognizant-cuts-revenue-outlook-despite-q3-beat-4372453/?ref=morelatest_hp