IT
Cognizant raises annual adjusted profit forecast on strong client spending
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Cognizant Technology raised its full-year 2025 adjusted profit forecast on Wednesday, anticipating a surge in spending from enterprise clients looking to upgrade their digital infrastructure with artificial intelligence.
Shares of the Teaneck, New Jersey-based IT consulting company rose more than 6% in premarket trading.
Cognizant‘s embrace of AI and agents has helped it attract customers in search of ways to use the booming technology to optimize business processes and automate work.
The company has leaned on acquisitions to help grow the business and…
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