What Cognizant Expects for 1Q18 and Fiscal 2018
Cognizant Technology Solutions (CTSH) expects revenue to come in between $3.88 billion and $3.92 billion in 1Q18. In fiscal 2018, the company has estimated a growth rate between 8% and 10%, which means revenue in the range of $16 billion and $16.3 billion. CTSH has targeted a non-GAAP (generally accepted accounting principles) operating margin of 21% in 2018, while this figure is expected to reach 22% in fiscal 2019.