IT services provider

Cognizant experiences 6% drop in Q1 web revenue, income declines to $4.8 billion

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Cognizant Know-how Options reported a 6 per cent drop in web revenue to $546 million for the primary quarter ended March 31, 2024, in comparison with $580 million for a similar interval final 12 months. Income of $4.8 billion declined 1.1 per cent year-over-year.  Bookings within the first quarter declined 6 per cent year-over-year. On a trailing twelve-month foundation, … Read more

Lacklustre Q3: Infosys information 7% YoY revenue decline at ₹6,106 crore, tightens income steering

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Bengaluru-based IT main Infosys recorded sequential income and revenue decline within the third quarter. The corporate has additionally tightened income steering, because it stays slowed down by seasonal weak spot and continued damp demand setting amid unsure macro situations. The online revenue for the quarter stood at ₹6,106 crore, a 7.3 per cent decline year-on-year … Read more