Cognizant Technology Solutions shares are trading higher after the company reported better-than-expected Q3 financial results and issued FY24 guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Cognizant Technology Solutions shares rose following the release of Q3 financial results that surpassed expectations, along with FY24 guidance that exceeded estimates.
October 31, 2024 | 3:04 pm
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Cognizant Technology Solutions reported Q3 financial results that exceeded expectations and provided FY24 guidance above estimates, leading to a rise in share price.
The company's Q3 results surpassed market expectations, which is a positive indicator for investors. Additionally, the strong FY24 guidance suggests confidence in future performance, likely boosting investor sentiment and driving the stock price up.
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