04:24 PM EDT, 05/01/2024 (MT Newswires) -- Cognizant (CTSH) reported Q1 adjusted earnings late Wednesday of $1.12 per diluted share, up from $1.11 a year earlier.

Analysts polled by Capital IQ expected $1.11.

Revenue in the quarter ended March 31 fell to $4.76 billion from $4.81 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.72 billion.

The company expects Q2 revenue of $4.75 billion to $4.82 billion.

Analysts polled by Capital IQ expect $4.83 billion.

The company expects 2024 adjusted EPS of $4.50 to $4.68 on revenue of $18.9 billion to $19.7 billion.

Analysts surveyed by Capital IQ expect EPS of $4.58 on revenue of $19.4 billion.

Price: 67.15, Change: +1.76, Percent Change: +2.70