Cognizant Technology Solutions Corp reports 6.5% YoY revenue growth, exceeding initial guidance, despite complex market dynamics and geopolitical uncertainties.

Cognizant Technology Solutions Corp reported a 6.5% YoY revenue growth to $5.4 billion, driven by strong bookings and improved operating margins. Despite a complex demand environment and geopolitical uncertainties, the company is on track to exceed its initial revenue guidance for the year. However, bookings declined by 5% YoY, and voluntary attrition remained at 14.5%.