Cognizant's revenue up 23.5 percent
REUTERS - IT services provider Cognizant Technology Solutions Corp reported a 23.5 percent rise in quarterly revenue, helped by strong growth in its businesses that serve the healthcare and financial sectors in North America.
Net income rose to $397.2 million, or 65 cents per share, in the third quarter ended Sept. 30, from $355.6 million, or 58 cents per share, a year earlier.
The company's revenue rose to $3.19 billion from $2.58 billion.
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(Reporting by Abhirup Roy in Bengaluru; Editing by Savio D'Souza)