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Cognizant Bookings Drop 7% as Growth Slows: Rapid Earnings Reaction
Source: Nasdaq
Corporate EarningsCompany FundamentalsM&A & Restructuring
Cognizant’s third-quarter revenue rose 4.6% to about $5.7 billion. Acquisitions and resold third-party products contributed roughly 4 percentage points of the growth, indicating that most of the increase came from those sources.
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