Cognizant Technology Posts In-Line Fourth Quarter

By | February 5, 2014

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Cognizant Technology Solutions’ growth story ran afoul of a seasonal speed bump. Shares of the global outsourcing and consulting services company fell about 4% Wednesday after it delivered in-line results that left investors wanting more. Its outlook for the current quarter offered much of the same. The company’s expected profit was in line with views while its revenue forecast was barely ahead of estimates. Cognizant Technology Solutions’ (CTSH) Scalper1 News

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