Cognizant cuts top-end of full year guidance

INSUBCONTINENT EXCLUSIVE:
BENGALURU: Cognizant narrowed its full-year growth guidance and cut the top end of its revenue expectations to $16.13 billion, a sharper cut
than some analysts had expected. The Teaneck, New Jersey-headquartered company now expects 2018 revenue of $16.09 billion to $16.13 billion
third-quarter results in three of our four business segments," said Francisco D'Souza, Chief Executive Officer and Vice Chairman of the
Board
Cognizant reported revenue of $4.08 billion, up 8.3 per cent from a year ago.