- IT services provider Cognizant Technology Solutions Corp reported a 16.4 percent rise in quarterly revenue, helped by higher spending by healthcare and financial services customers.
The company's net income rose to $362.9 million, or 59 cents per share, in the fourth quarter ended Dec. 31 from $324.3 million, or 53 cents per share, a year earlier.
Cognizant, which has most of its employees in India, said revenue rose to $2.74 billion from $2.36 billion.
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