October 30, 2019 / 8:08 PM / a month ago

Cognizant third-quarter profit rises

Oct 30 (Reuters) - Cognizant Technology Solutions Corp reported a rise in third-quarter profit on Wednesday, as it continues to cut its overall costs helped by a trim in its workforce.

The information technology services provider reported net income of $497 million, or 90 cents per share, in the quarter ended Sept. 30, up from $477 million, or 82 cents per share, a year earlier. (Reporting by Neha Malara in Bengaluru; Editing by Shailesh Kuber)

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