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Cognizant Cuts Upper End of FY26 Revenue Guidance as Q3 Bookings Fall 7%

Cognizant lowered the upper end of its full-year 2026 revenue growth forecast after bookings fell 7% year over year in the September quarter. Revenue exceeded Wall Street estimates.

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SquawkNews Desk

Cognizant lowered the upper end of its full-year 2026 revenue growth forecast after reporting a 7% year-on-year decline in bookings for the September quarter, overshadowing a revenue performance that came in ahead of Wall Street estimates.The IT services company now expects constant-currency revenu…

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