Tech
Cognizant Q3 profit falls 16.5%, narrows revenue guidance
Similar to industry outlook owing to lower discretionary spends by clients amid macro uncertainty, the Nasdaq-listed company shrunk its fourth quarter revenue outlook to be in the $4.69 – $4.82 billion range, a decline of 3.1% to 0.3%, or a decline of 4.0% to 1.2% in constant currency.
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