{"id":840484,"date":"2024-08-02T10:55:34","date_gmt":"2024-08-02T05:25:34","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=840484"},"modified":"2024-08-02T11:07:08","modified_gmt":"2024-08-02T05:37:08","slug":"cognizant-june-quarter-profit-up-22-at-566-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/02\/cognizant-june-quarter-profit-up-22-at-566-million\/","title":{"rendered":"Cognizant June quarter profit up 22% at $566 million"},"content":{"rendered":"<p>BENGALURU: Nasdaq-listed technology major Cognizant has reported $566 million net profit, up 22.2%, in the quarter ended June 2024. The company&#8217;s net profit in the same quarter last year was $463 million.<\/p>\n<p>Its revenue in the June quarter stood at $4.85 billion, a decrease of 0.6% compared to $4.88 billion in the year-ago period.<\/p>\n<p>Cognizant, which follows a January-December calendar year, has increased its full year 2024 revenue guidance, and it is expected to be $19.3 &#8211; $19.5 billion, a decline of 0.5% to an increase of 1.0%. This assumes about 70 basis points of inorganic contribution, the company said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENGALURU: Nasdaq-listed technology major Cognizant has reported $566 million net profit, up 22.2%, in the quarter ended June 2024. The company&#8217;s net profit in the same quarter last year was $463 million. Its revenue in the June quarter stood at $4.85 billion, a decrease of 0.6% compared to $4.88 billion in the year-ago period. Cognizant, which follows a January-December calendar year, has increased its full year 2024 revenue guidance, and it is expected to be $19.3 &#8211; $19.5 billion, a decline of 0.5% to an increase of 1.0%. This assumes about 70 basis points of inorganic contribution, the company 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":[75,4,17],"tags":[],"class_list":["post-840484","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840484","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=840484"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840484\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=840484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=840484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=840484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}