Cognizant Q3 revenue up 12% to $2.58 bn

IT services provider Cognizant today said its third quarter revenue rose 11.9 percent to $2.58 billion.

Cognizant added net headcount of nearly 12,300 in Q3 2014.

The Teaneck, N.J.-based Cognizant said its net income grew 11.26 percent to $355.6 million.

Cognizant

“There is a tremendous opportunity in the marketplace as the advent of new digital technologies, global economic pressures, and an evolving regulatory environment force businesses across all industries to change and adapt faster than ever before,” said Francisco D’Souza, chief executive officer of Cognizant.

Cognizant is expecting fourth quarter revenue of between $2.61 billion and $2.64 billion and full-year revenue of between $10.13 billion and $10.16 billion.

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