Cognizant Technology Solutions (CTSH) reported Q1 adjusted earnings late Wednesday of $1.23 per diluted share, up from $1.12 a year earlier.

Analysts polled by FactSet expected $1.20.

Revenue for the quarter ended March 31 was $5.12 billion, up from $4.76 billion a year earlier.

Analysts surveyed by FactSet expected $5.06 billion.

The company set Q2 revenue guidance of $5.14 billion to $5.21 billion. Analysts expected $5.11 billion.

For full-year 2025, it now expects adjusted EPS of $4.98 to $5.14 on revenue of $20.5 to $21.0 billion.

In February, it forecast adjusted EPS of $4.90 to $5.06 on revenue of $20.3 billion to $20.8 billion for the year. Analysts expected $4.99 on revenue of $20.62 billion.

Shares were up about 2% in after-hours trading.