Categories: Business

Cognizant forecasts annual revenue above estimates

Feb 4 (Reuters) – Cognizant Technology forecast annual revenue above Wall Street estimates on Wednesday, betting on strong demand for its IT services as businesses adopt artificial intelligence into their workflows. The company expects its annual revenue to be between $22.14 billion and $22.66 billion, compared with analysts' average estimate of $22.06 billion, according to data compiled by LSEG. (Reporting by Anhata Rooprai in Bengaluru; Editing by Shailesh Kuber)

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