Cognizant Technology completes Belcan acquisition, updates Q3 and full-year 2024 guidance
Cognizant Technology Solutions has updated its full-year 2024 guidance following its acquisition of Belcan, now expecting revenue between $19.5 billion and $19.8 billion. Adjusted earnings per share are forecasted to be $4.56 to $4.64, slightly lower than previous estimates. Shares fell 1.3% in premarket trading.