Cognizant Technology Solutions Corp
BRIEF: For the fiscal year ended 31 December 2012, Cognizant Technology Solutions Corp revenues increased 20% to $7.35B. Net income increased 19% to $1.05B. Revenues reflect Financial Services segment increase of 21% to $3.04B, Healthcare segment increase of 19% to $1.93B, Manufacturing/Retail/Logistics segment increase of 25% to $1.5B, North America segment increase of 22% to $5.84B, Europe segment increase of 9% to $1.2B.
Class A Common S tock Class $.01 Par, 04/11, 500M auth., 304,249,849 issd. Insiders own 0.42%. Initial Public Offering 6/98, 2,917,000 shares (2.5M by the Company) @ $10 by BancAmerica Robertson Stephens. 4/03, 3-for-1 stock split; 10/07, 6/04, 3/00, 2-for-1 stock splits.
Cognizant Technology Solutions Corporation (Cognizant) is a provider of custom information technology, consulting and business process outsourcing services. The Company is engaged in Business, Process, Operations and Information Technology Consulting, Application Development and Systems Integration, Enterprise Information Management (EIM), Application Testing, Application Maintenance, Information Technology Infrastructure Services, and Business and Knowledge Process Outsourcing, or BPO and KPO. The Company operates in four segments: Financial Services; Healthcare; Manufacturing, Retail and Logistics, and Other, which includes communications, information, media and entertainment, and high technology.