Cognizant Q3 net profit up 15.6 per cent; lowers 2022 revenue guidance

BENGALURU: Nasdaq-listed IT services company Cognizant has reported a 15.6% increase in net profit to $629 million for the third quarter that ended in September 2022, compared to $544 million in the year-ago period. The company follows the calendar year. Its revenues in the September quarter stood at $4.9 billion.