Cognizant Profit Narrowly Beats Estimates On Healthcare, BFSI Boost

IT services provider Cognizant Technology Solutions Corp reported a quarterly profit that edged past analysts' estimates on continued demand from its healthcare and financial clients. Revenue from its financial services sector, which accounts for more than a third of its total revenue, rose 7 percent in the first quarter ended March 31, while revenue from healthcare services rose 9.7 percent. Cognizant said it expected current-quar...