04:25 PM EDT, 07/31/2024 (MT Newswires) -- Cognizant Technology Solutions ( CTSH ) reported Q2 adjusted earnings late Wednesday of $1.17 per diluted share, up from $1.10 a year earlier.

Analysts polled by Capital IQ expected $1.12.

Revenue for the quarter ended June 30 was $4.85 billion, compared with $4.89 billion a year earlier. Analysts surveyed by Capital IQ expected $4.80 billion.

The company expects Q3 revenue of $4.89 billion to $4.96 billion. Analysts expect $4.91 billion.

Cognizant now expects 2024 adjusted EPS of $4.62 to $4.70 on revenue of $19.3 billion to $19.5 billion. It previously expected EPS of $4.50 to $4.68 on revenue of $18.9 billion to $19.7 billion.

Analysts are looking for 2024 normalized EPS of $4.62 on revenue of $19.4 billion.

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