Cognizant quarterly revenue jumps 20 percent

REUTERS - Cognizant Technology Solutions Corp reported a higher quarterly profit as revenue jumped 20.4 percent.

The IT services provider's net income rose to $300.4 million, or 99 cents per share, in the second quarter from $251.9 million, or 82 cents per share, a year earlier.

Revenue rose to $2.16 billion from $1.80 billion. (Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Sriraj Kalluvila)