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Cognizant Technology Solutions Corp (CTSH.OQ)

CTSH.OQ on NASDAQ Stock Exchange Global Select Market

71.46USD
26 Mar 2019
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Latest Key Developments (Source: Significant Developments)

Cognizant Launches $600 Million Accelerated Share Repurchase
Thursday, 7 Mar 2019 

Cognizant Technology Solutions Corp ::COGNIZANT LAUNCHES $600 MILLION ACCELERATED SHARE REPURCHASE.COGNIZANT TECHNOLOGY SOLUTIONS CORP - APPROXIMATELY 7.1 MILLION OF SHARES TO BE REPURCHASED WILL BE RECEIVED BY COGNIZANT ON MARCH 7.COGNIZANT - ENTERED INTO ACCELERATED SHARE REPURCHASE TO REPURCHASE AN AGGREGATE OF $600 MILLION OF COGNIZANT'S CLASS A COMMON STOCK.  Full Article

Cognizant Acquires Meritsoft
Tuesday, 5 Mar 2019 

March 5 (Reuters) - Cognizant Technology Solutions Corp ::COGNIZANT ACQUIRES MERITSOFT, AN AWARD-WINNING FINTECH INNOVATOR IN POST-TRADE PROCESSING.COGNIZANT TECHNOLOGY SOLUTIONS CORP - FINANCIAL DETAILS OF TRANSACTION WERE NOT DISCLOSED..  Full Article

Cognizant Reports Q4 Non-GAAP Earnings Per Share Of $1.13
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Cognizant Technology Solutions Corp ::COGNIZANT REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $1.13.Q4 GAAP EARNINGS PER SHARE $1.12.Q4 REVENUE $4.13 BILLION VERSUS REFINITIV IBES ESTIMATE OF $4.11 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $1.07 -- REFINITIV IBES DATA.SEES FY 2019 ADJUSTED EARNINGS PER SHARE AT LEAST $4.40.SEES FY 2019 REVENUE UP 7 TO 9 PERCENT.SEES Q1 2019 REVENUE UP 7.5 TO 8.5 PERCENT.NAMES BRIAN HUMPHRIES AS CEO, SUCCEEDING CO-FOUNDER FRANCISCO D'SOUZA.COGNIZANT TECHNOLOGY - FRANCISCO D'SOUZA WILL SERVE AS FULL-TIME EXECUTIVE VICE CHAIRMAN TO FACILITATE TRANSITION THROUGH JUNE 30, 2019.RAJEEV MEHTA WILL STEP DOWN AS COMPANY'S PRESIDENT, EFFECTIVE APRIL 1, 2019.FY2019 EARNINGS PER SHARE VIEW $4.47 -- REFINITIV IBES DATA.  Full Article

Cognizant To Acquire A New York-Based Creative Content Agency
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - Cognizant Technology Solutions Corp ::COGNIZANT TO ACQUIRE MUSTACHE, A NEW YORK-BASED CREATIVE CONTENT AGENCY.COGNIZANT TECHNOLOGY SOLUTIONS CORP - FINANCIAL DETAILS WERE NOT DISCLOSED..  Full Article

Cognizant Technology Enters New Credit Agreement Providing For Term Loan Facility Of $750 Mln
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Cognizant Technology Solutions Corp ::COGNIZANT TECHNOLOGY - ENTERED NEW CREDIT AGREEMENT PROVIDING FOR TERM LOAN FACILITY OF $750 MILLION AND REVOLVING CREDIT FACILITY OF $1.75 BILLION.COGNIZANT TECHNOLOGY SOLUTIONS CORP - NEW CREDIT FACILITIES MATURE ON NOVEMBER 6, 2023 - SEC FILING.COGNIZANT -BORROWERS MAY REQUEST INCREASE IN NEW CREDIT FACILITIES BY AMOUNT NOT TO EXCEED $1 BILLION PLUS VOLUNTARY PREPAYMENTS OF CREDIT FACILITIES.  Full Article

Cognizant Reports Third Quarter 2018 Results
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Cognizant Technology Solutions Corp ::COGNIZANT REPORTS THIRD QUARTER 2018 RESULTS.Q3 NON-GAAP EARNINGS PER SHARE $1.19.Q3 GAAP EARNINGS PER SHARE $0.82.Q3 REVENUE $4.08 BILLION VERSUS I/B/E/S VIEW $4.08 BILLION.Q3 EARNINGS PER SHARE VIEW $1.13 -- THOMSON REUTERS I/B/E/S.SEES Q4 2018 NON-GAAP EARNINGS PER SHARE AT LEAST $1.05.SEES FY 2018 NON-GAAP EARNINGS PER SHARE AT LEAST $4.50.SEES FY 2018 REVENUE $16.09 BILLION TO $16.13 BILLION.SEES Q4 2018 REVENUE $4.09 BILLION TO $4.13 BILLION.DECLARES QUARTERLY CASH DIVIDEND OF $0.20 PER SHARE.FY2018 EARNINGS PER SHARE VIEW $4.52, REVENUE VIEW $16.17 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Cognizant To Acquire Digital Engineering Leader Softvision
Thursday, 4 Oct 2018 

Oct 4 (Reuters) - Cognizant Technology Solutions Corp ::COGNIZANT TO ACQUIRE DIGITAL ENGINEERING LEADER SOFTVISION.COGNIZANT TECHNOLOGY SOLUTIONS CORP - TERMS ARE NOT BEING DISCLOSED..  Full Article

Cognizant Board Elects Michael Patsalos-Fox As Chairman
Monday, 24 Sep 2018 

Sept 24 (Reuters) - Cognizant Technology Solutions Corp ::COGNIZANT BOARD ELECTS MICHAEL PATSALOS-FOX AS CHAIRMAN.COGNIZANT TECHNOLOGY SOLUTIONS CORP - PATSALOS-FOX SUCCEEDS JOHN E. KLEIN, WHO WILL REMAIN A BOARD MEMBER.COGNIZANT TECHNOLOGY SOLUTIONS CORP - BOARD OF DIRECTORS HAS ELECTED BOARD MEMBER MICHAEL PATSALOS-FOX AS ITS NEW CHAIRMAN.  Full Article

Cognizant To Acquire Advanced Technology Group
Tuesday, 18 Sep 2018 

Sept 18 (Reuters) - Cognizant Technology Solutions Corp ::COGNIZANT TO ACQUIRE ADVANCED TECHNOLOGY GROUP TO EXPAND CLOUD QUOTE-TO-CASH CAPABILITIES.COGNIZANT - TRANSACTION IS EXPECTED TO CLOSE IN Q4 OF 2018 SUBJECT TO CUSTOMARY REVIEWS..  Full Article

Cognizant To Acquire SaaSfocus To Expand Salesforce Cloud Consulting Capabilities
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - Cognizant Technology Solutions Corp ::COGNIZANT TO ACQUIRE SAASFOCUS TO EXPAND SALESFORCE CLOUD CONSULTING CAPABILITIES.FINANCIAL DETAILS WERE NOT DISCLOSED.TRANSACTION IS EXPECTED TO CLOSE IN Q4 OF 2018.  Full Article

UPDATE 1-US fines Cognizant, charges 2 former top execs in India bribery case

Feb 15 U.S. authorities on Friday announced criminal charges against two former top Cognizant Technology Solutions Corp executives for their roles in a bribery scheme in India, and said the company will pay $25 million to settle a related civil case.