{"id":1024688,"date":"2026-07-30T07:46:10","date_gmt":"2026-07-30T02:16:10","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1024688"},"modified":"2026-07-30T07:50:30","modified_gmt":"2026-07-30T02:20:30","slug":"cognizant-lifts-annual-profit-forecast-on-strong-financial-services-growth","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/30\/cognizant-lifts-annual-profit-forecast-on-strong-financial-services-growth\/","title":{"rendered":"Cognizant lifts annual profit forecast on strong financial services growth"},"content":{"rendered":"<p>Cognizant Technology on Wednesday raised its annual adjusted profit forecast after recording strong growth in its financial services business and continued operating margin expansion in the second quarter, even as enterprises remained cautious \u200cabout discretionary \u2060spending. Shares \u2060of the company were up 10%. <\/p>\n<p>Cognizant now expects adjusted profit per share for the year in the range of $5.70 to $5.82, up from its prior forecast of $5.63 to $5.77. <\/p>\n<p>&#8220;Operational efficiency and favorable currency movements more than offset higher third-party \u2060cost and \u200ccompensation costs, as well as the impact of our recently completed acquisitions,&#8221; finance \u2060chief Jatin Dalal said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cognizant Technology on Wednesday raised its annual adjusted profit forecast after recording strong growth in its financial services business and continued operating margin expansion in the second quarter, even as enterprises remained cautious \u200cabout discretionary \u2060spending. Shares \u2060of the company were up 10%. Cognizant now expects adjusted profit per share for the year in the range of $5.70 to $5.82, up from its prior forecast of $5.63 to $5.77. &#8220;Operational efficiency and favorable currency movements more than offset higher third-party \u2060cost and \u200ccompensation costs, as well as the impact of our recently completed acquisitions,&#8221; finance \u2060chief Jatin Dalal said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1024688","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1024688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1024688"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1024688\/revisions"}],"predecessor-version":[{"id":1024707,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1024688\/revisions\/1024707"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1024688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1024688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1024688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}