Cognizant Q4 results: revenue dips 1.7%, profit rises to $558 million

US-based Cognizant Technology Solutions posted a 7% increase in net profit year-on-year (YoY) for the fourth quarter ending December at $558 million. This was backed by healthy deal wins, acquisitions and steady margins during the period.

The profit stood at $521 million a year-ago quarter ending December 2022.