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Cognizant revenue beats estimates as North America spending rises

2015-02-04 15:02:35| IT Services - Topix.net

IT services provider Cognizant Technology Solutions Corp's fourth-quarter revenue rose a higher-than-expected 16.4 percent, helped by increased spending by healthcare and financial services customers in North America. The company also forecast full-year 2015 revenue growth of at least 19 percent, higher than the 16.1 percent achieved in 2014, which was the weakest in the company's 20-year history.

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