Cognizant Reports Q3 Results with Record Operating Margins Amid Soft Discretionary Spending
Cognizant (CTSH) reported a solid third quarter, highlighted by an adjusted operating margin that reached its highest level in four years. CEO Ravi Kumar S credited the performance to the company's advancing 'AI Builder' strategy and operational efficiencies. Despite the margin improvements, the company is navigating a landscape of softer discretionary spending from clients. Revenue grew 4.8% year-over-year as the firm continues to pivot its service offerings toward artificial intelligence integration.
Tickers: $CTSH
Topics: AI strategy earnings operating margin revenue growth
Read the full article at Seeking Alpha
Part of the story Loomis Reports Record Revenue and Operating Margins for Q3 2026 (40 articles)