Cognizant revenue rises 10 percent

IT services provider Cognizant Technology Solutions Corp (CTSH.O) reported a 10 percent rise in revenue, helped by higher demand for its digital services.

The company’s net income rose to $441.2 million, or 72 cents per share, in the first quarter ended March 31, from $382.9 million or 62 cents per share, a year earlier.

Revenue rose to $3.20 billion from $2.91 billion.

(Reporting by Rishika Sadam in Bengaluru; Editing by Shounak Dasgupta)

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Source URL:http://www.reuters.com/article/cognizant-tech-results-idUSL3N1832Z3

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