On July 29, Cognizant Technology Solutions Corp rose 5.17% in regular trading, trading at $53.11/share, with turnover of $54.96 million. The stock rebounded from earlier pre-market weakness following the release of Q2 earnings and an upward revision to full-year profit guidance.

Cognizant reported Q2 adjusted EPS of $1.37, up from $1.31 a year earlier but narrowly missing the $1.38 consensus estimate. Q2 revenue came in at $5.48 billion, essentially in line with expectations, representing a 4.4% year-over-year increase. The company raised its full-year adjusted EPS guidance to $5.70-$5.82 from a prior range of $5.63-$5.77, with the midpoint above the $5.70 analyst consensus. Full-year revenue guidance was narrowed to $22.04-$22.35 billion versus a prior $22.11-$22.64 billion range. The stock had initially fallen over 7% pre-market on the marginal Q2 miss but recovered during regular hours as investors focused on the improved profit outlook and the company's ongoing AI momentum, including deepened partnerships with Anthropic, Google Cloud, and OpenAI.

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