Nasdaq-listed Cognizant ended the three months through March 2025 with $5.12 billion in revenue, up 0.65% sequentially and 7.5% on a yearly basis. Much of this growth came from its largest markets, including healthcare companies and financial institutions.
While Cognizant bumped its revenue this quarter, peers TCS, Infosys and HCLTech reported a fourth-quarter revenue decline of -0.98%, -4.23% and -0.99%, respectively. Cognizant follows a calendar year for accounting purposes, whereas Indian IT services companies follow the April-March financial year.
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Still, this is the Teaneck, New Jersey-based company’s slowest sequential growth in four quarters.
The company’s management was less cautious…