• Latest
  • Trending
Cognizant to acquire US Digital Engineering company, Belcan for $1.3 billion

Cognizant forecasts for higher revenue growth in 2025

6 February 2025
Infosys Foundation partners with ICT Academy of Tamil Nadu to boost employability in rural India

Infosys Foundation commits ₹48 cr to maternal and child healthcare in Karnataka

5 July 2025
India’s top export destinations: how trade tells the story of global alliances

India’s top export destinations: how trade tells the story of global alliances

5 July 2025
SEBI bans Jane Street over ₹36,500 crore Bank Nifty Trades

SEBI bans Jane Street over ₹36,500 crore Bank Nifty Trades

5 July 2025
NMDC reports record production, expands global reach with new UAE office

NMDC reports record production, expands global reach with new UAE office

5 July 2025
OpenAI and Oracle team up to build next generation AI infrastructure

OpenAI and Oracle team up to build next generation AI infrastructure

4 July 2025
Ecobank partners with Google Cloud to drive digital innovation in Africa

Ecobank partners with Google Cloud to drive digital innovation in Africa

4 July 2025
IT and Digital jobs are now paying the most across India

IT and Digital jobs are now paying the most across India

4 July 2025
Data Story: LME Aluminium price remains stable despite tariff concerns

Data Story: LME Al inventory level remains at multi-month low on US tariffs

3 July 2025
LTIMindtree launches GCC-as-a-Service

LTIMindtree launches GCC-as-a-Service

3 July 2025
Zoho deepens tech focus with Kerala expansion and Asimov deal

Zoho deepens tech focus with Kerala expansion and Asimov deal

3 July 2025
Microsoft trims 9000 jobs as part of a global restructuring plan

Microsoft trims 9000 jobs as part of a global restructuring plan

3 July 2025
Paradip Port Authority hits milestone: Handles 41.12 MMT cargo

Data Story: Iron ore vessels see a dip at Paradip port this week

3 July 2025
Sunday, July 6, 2025
  • Login
Data Biz Times
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
Data Biz Times
No Result
View All Result

Cognizant forecasts for higher revenue growth in 2025

in Blog
Reading Time: 2 mins read
0
Cognizant to acquire US Digital Engineering company, Belcan for $1.3 billion

DBT Bureau

Bengaluru, 6 February 2025

RelatedPosts

Dramatic trends playing out simultaneously: Infosys’ Chairman, Nandan Nilekani

The role of Rare Earth metals in everyday technology

Cognizant named one of America’s Greatest Workplaces and Greatest Workplaces in Tech

US-headquartered IT services firm Cognizant sees better revenue growth prospects in 2025 as compared to last year on the back of improving demand environment.

The company, which reported its fourth quarter results on Wednesday, has projected its revenue to grow in the range of 3.5% to 6% in constant currency terms during 2025. The company posted a revenue growth of 1.9% in constant currency in 2024.

Cognizant, which follows January-December financial year cycle, also posted better than expected fourth quarter results. The company’s net income grew 2.1% to $558 million, compared to $546 million posted a year ago.

The IT firm’s revenue during October-December period came in at $5.1 billion, up 6.7% year-on-year. The company managed to meet the higher end its guidance during the quarter.

“I am deeply grateful to our employees for their commitment to our strategic priorities and rigorous execution, which drove fourth quarter revenue growth to the high end of our guidance range. We exited the year with momentum — closing a record 29 large deals during the year — highlighting the effectiveness of our strategy,” said Ravi Kumar S, Chief Executive Officer of Cognizant.

The company said its bookings increased 3.1% YoY to $27.1 billion on a trailing twelve-month basis. During the quarter, the company signed 10 deals each with a total contract value (TCV) of $100 million or more.

For 2024, revenue grew 1.9% YoY in constant currency (CC) terms to $19.7 billion, which included around 200 basis points of growth from subsidiaries Thirdera and Belcan.

“We expect that our improved cost structure, achieved through the successful completion of our NextGen program, will help us sustain our pace of strategic investments in support of profitable growth. Our initial 2025 guidance calls for 3.5% to 6.0% constant currency revenue growth and 20 to 40 basis points of full-year Adjusted Operating Margin expansion,” Jatin Dalal, Chief Financial Officer of Cognizant said.

However, headcount of Cognizant dropped by 3,300 to 336,800 by the end of the December quarter. Notably, the company also reported a decrease of 6,500 in its headcount during the third quarter.

Related Posts

Infosys Chairman Nilekani predicts a long journey for enterprise AI Adoption

Dramatic trends playing out simultaneously: Infosys’ Chairman, Nandan Nilekani

by databiztimes.com
26 June 2025
0

Athira Sethu Kochi, 26 June 2025 Infosys Chairman Nandan Nilekani addressed the company's annual general meeting and reiterated that the...

The role of Rare Earth metals in everyday technology

The role of Rare Earth metals in everyday technology

by databiztimes.com
18 June 2025
0

Athira Sethu Kochi, 18 June 2025 Rare earth metals are crucial to the technology that we use daily. These metals...

Cognizant named one of America’s Greatest Workplaces and Greatest Workplaces in Tech

Cognizant named one of America’s Greatest Workplaces and Greatest Workplaces in Tech

by databiztimes.com
8 June 2025
0

DBT Bureau Pune, 8 June 2025 Cognizant announced it has been named one of America’s Greatest Workplaces 2025 and one...

Ransomware attacks targeting industrial operators surge 46% in one quarter, Honeywell report finds

Ransomware attacks targeting industrial operators surge 46% in one quarter, Honeywell report finds

by databiztimes.com
4 June 2025
0

DBT Bureau Pune, 5 June 2025 In a growing wave of sophisticated cyber threats against the industrial sector, ransomware attacks...

Infosys Foundation partners with ICT Academy of Tamil Nadu to boost employability in rural India
Media Release

Infosys Foundation commits ₹48 cr to maternal and child healthcare in Karnataka

by databiztimes.com
5 July 2025
0

DBT Bureau Pune, 5 July 2025 Infosys Foundation, the philanthropic and CSR arm of Infosys, announced its collaboration with Prashanthi...

Read moreDetails
India’s top export destinations: how trade tells the story of global alliances
Economy

India’s top export destinations: how trade tells the story of global alliances

by databiztimes.com
5 July 2025
0

DBT Bureau Pune, 5 July 2025 India’s export data highlights strong ties with the US, UAE, and China, reflecting both...

Read moreDetails
SEBI bans Jane Street over ₹36,500 crore Bank Nifty Trades
Business

SEBI bans Jane Street over ₹36,500 crore Bank Nifty Trades

by databiztimes.com
5 July 2025
0

Athira Sethu Kochi, 5 July 2025 The Securities and Exchange Board of India (SEBI) has prohibited a world trading firm...

Read moreDetails
NMDC reports record production, expands global reach with new UAE office
Economy

NMDC reports record production, expands global reach with new UAE office

by databiztimes.com
5 July 2025
0

DBT Bureau Pune, 5 July 2025 India’s largest iron ore producer, NMDC Limited, has reported its highestever June month production...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Media Release
  • Data Story
  • Business
  • Tech
  • Artificial Intelligence

Data Biz Times © 2024. All Rights Reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?