Cognizant Q1 compile falls 16.7% to $367 million; sees worthy seek info from ambiance in 2020

Cognizant Q1 compile falls 16.7% to $367 million; sees worthy seek info from ambiance in 2020

IT company Cognizant has reported a 16.7 percent drop in its March quarter net income at USD 367 million, and said it expects a challenging demand environment throughout 2020 amid the coronavirus pandemic. Cognizant follows January-December as financial year. Its net profit was at USD 441 million in the March 2019 quarter.The US-headquartered company, which…

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