Cognizant Technologies Solutions Inc. (CTSH)

[collins123]

I am in at $ 38 , now having $24 profit per share , exceeded expectation

[moe_the_gyp01]

Looks like my shares will get called away if this stays above 61.00. Oh well, I can live with being forced to recognize a 36k Gain.

[moe_the_gyp01]

Whaaaaa, wow, they even exceeded my modest target of 58.00. Great stock!

[collins123]

wow , what Q3 result , tooo good

$ 62 , whoooooooooooooooooo

[moe_the_gyp01]

Earnings come out early august. I would not be surprised to see this hit 58/60 heading into earnings.

[collins123]

WoW , new 52 Week high , $55.2 , way to go cheers

[moe_the_gyp01]

Cognizant Make top 50 in best 5 year return...121% five year. I've owned them since 2007.

http://articles.moneycentral.msn.com/learn-how-to-invest/which-stock-has-best-5-year-return.aspx

[moe_the_gyp01]

Not sure. They certainly have a history of splitting with the last being around July 2007 when their shares were 80-85 bux. I have owned them since then and have added as well as sold covered calls as well as puts. Made quite a bit on just the covered call. I sold some 55 for about 6 bux a contract and of coure will experience a call away if they hit 61.00.

My basis right now is 30.84 with 1500 shares. I also have 5 37.00 puts I sold for 2 bux now worth .90 which will likely expire worthless allowing me to keep 100% of the premium.

Great company.

[collins123]

can expect a forward split once the PPS reach $65 -70 , great going ,

[moe_the_gyp01]

Great company, great stock. Board? Not so great. Good chat board are a contra indicator evidently.

[GuruTrader]

Cognizant Acquires Pepperweed Advisors; Deepens Business Consulting Capability in IT Infrastructure Services
Clients to Benefit From More Complete Consulting Offering in IT Service Management and Asset Management
Press Release
Source: Cognizant
On Tuesday September 8, 2009, 6:00 am EDT
Buzz up! 0 Print
Companies:Cognizant Technology Solutions Corp.

Related Quotes
Symbol Price Change
CTSH 35.39 0.00


{"s" : "ctsh","k" : "c10,l10,p20,t10","o" : "","j" : ""} TEANECK, N.J., Sept. 8 /PRNewswire-FirstCall/ -- Cognizant (Nasdaq: CTSH - News), a leading provider of consulting, technology, and business process outsourcing (BPO) services, has announced the acquisition of substantially all of the assets of Pepperweed Advisors, the IT consulting services division of Pepperweed Consulting. Pepperweed Advisors uses its proprietary best practice process models and software to act as a trusted advisor to IT leaders requiring vendor-neutral advice regarding optimal alignment of IT and business process flows. Terms of the transaction were not disclosed.

The acquisition brings to Cognizant's IT Infrastructure Services (IT IS) practice a strategic consulting capability in two areas - IT Service Management (ITSM) and IT Asset Management (ITAM) - along with seasoned consulting talent and significant intellectual property, including well defined ITIL-based processes, tools, and frameworks. Cognizant clients will benefit from a complete and mature IT infrastructure process consulting offering that complements Cognizant's Operations Maturity Model.

"We welcome Pepperweed Advisors to the Cognizant fold as we strengthen our Cognizant Business Consulting offerings," said Francisco D'Souza, President and CEO, Cognizant. "Our consulting breadth and depth have been a significant differentiator for our growing IT IS practice. Pepperweed helps to round out our IT IS consulting portfolio while enhancing our ability to serve as trusted advisors to our clients."

The ITIL (IT Infrastructure Library), an internationally recognized standard, defines IT Service Management as the delivery and support of IT services that are appropriate to the business requirements of an organization. ITSM helps transform the IT organization from a support group to a service group in which ITIL processes and best practices are introduced.

"Process improvement is a top priority for IT infrastructure and operations leaders in 2009. Pepperweed Advisors brings us intellectual property, IT process models, and detailed delivery kits that deepen our domain expertise and enable hands-on implementation of ITSM for our clients, leveraging our ITIL-based global service delivery framework," said Robert Boles, Vice President, IT IS, at Cognizant. "Pepperweed Advisors' mature, experienced consultants will lead our transformational process efforts with both our consulting and managed services client engagements."

Pepperweed Advisors has developed substantial intellectual property and IT process models, including the Pepperweed Process Model, an "ERP for IT" reference model containing more than 20 processes, which has been downloaded by more than 2,000 IT professionals in 80 countries. In addition, Pepperweed has created PathFinder 2.0, a process-to-technology enablement software system that provides clients access to, and ongoing management of, their IT process and best practices content in a full-featured, easy-to-use Web application.

In an independent April 2009 report by Forrester Research, Inc., "The Forrester Wave(TM): Global IT Infrastructure Outsourcing, Q1 2009," Cognizant was named a leader.

About Cognizant's IT Infrastructure Services

Cognizant's IT Infrastructure Services (IT IS) practice offers a comprehensive portfolio of managed services and consulting offerings that span enterprise computing, end-user computing, infrastructure security, and network and convergence services. With extensive industry domain expertise and next-generation RIM 2.0 services, which include Cognizant's industry-leading OnTarget(TM) ITIL-based platform and unique Operations Maturity Model, Cognizant IT IS helps clients reduce infrastructure management costs, mitigate risk, and improve business performance.

About Cognizant

Cognizant (Nasdaq: CTSH - News) is a leading provider of information technology, consulting, and business process outsourcing services. Cognizant's single-minded passion is to dedicate our global technology and innovation know-how, our industry expertise and worldwide resources to working together with clients to make their businesses stronger. With over 50 global delivery centers and more than 64,000 employees as of June 30, 2009, we combine a unique onsite/offshore delivery model infused by a distinct culture of customer satisfaction. A member of the NASDAQ-100 Index and S&P 500 Index, Cognizant is a Forbes Global 2000 company and a member of the Fortune 1000 and is ranked among the top information technology companies in BusinessWeek's Hot Growth and Top 50 Performers listings. Visit us online at www.cognizant.com.

Forward-Looking Statements

This press release includes statements which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events that may not prove to be accurate. Factors that could cause actual results to differ materially from those expressed or implied include general economic conditions and the factors discussed in our most recent Form 10-K and other filings with the Securities and Exchange Commission. Cognizant undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

[analogdog]

wee.

[davidam]

I think it will be a good year. revenues expected to be up 38%

[analogdog]

She popped a little.. but will she hold? Chart seems undecided.

[MetalHead]

lets fill this gap. lol.

[analogdog]

sorry... not bottom yet.

[MetalHead]

My dec 50 calls got SMASHED today!!

[analogdog]

I'll keep digging... watching chart for a bottom. it's tanking cuz the fourth quarter estimates are down.. but still show profit. So what? LOL It'll bounce once the big boy is out. IMO

[Li'l Jazz]

Yep, gotta be something like that. I just about croaked when I saw the pre-market activity after such a good report. I'd be interested to see what you find out if you want to post it.

[analogdog]

It will recover IMO... my bet is an institution bailed... checking holders in am

[Li'l Jazz]

Thanx Analogdog for this post. I was wondering why in the world this stock dropped so much after a record 3rd quarter. I still think the reaction is a bit much for slightly lowered guidance. Maybe buy-back stategies for big boys? I have been in this one for a while and keep wondering what keeps it down?

[analogdog]

Cognizant 4Q Outlook Drags Shares Lower
Tuesday November 6, 9:11 am ET
Cognizant's 4th-Quarter Revenue Outlook Below Expectations; Stock Falls in Premarket Trading

TEANECK, N.J. (AP) -- Information technology outsourcing provider Cognizant Technology Solutions Corp. forecast fourth-quarter revenue below Wall Street's expectations Tuesday, sending shares lower in premarket trading.

Cognizant expects a profit of 31 cents per share on revenue of $590 million to $595 million for the quarter.

Analysts, on average, are expecting a profit of 31 cents per share on revenue of $597.6 million, according to a poll by Thomson Financial.

For the full year, the company expects a profit of $1.14 per share on revenue of about $2.13 billion. This is up from its prior revenue outlook of $2.11 billion.

Analysts are predicting earnings of $1.12 per share on revenue of $2.13 billion.

Shares fell $2.73, or 6.9 percent, to $36.88 in premarket electronic trading.

[analogdog]

Cognizant Reports Record Third Quarter Results
*Revenue Growth in Europe Continues to Accelerate, Accounts for 17% of Total Revenue
*Raises Outlook for Full-Year 2007 Revenue and EPS

Teaneck, NJ – November 6, 2007 – Cognizant Technology Solutions Corporation (NASDAQ: CTSH), a leading provider of IT and business process outsourcing services, today announced its financial results for the three and nine months ended September 30, 2007. All share and per share amounts for the prior year periods presented have been adjusted to reflect the 2-for-1 stock split, effective October 16, 2007.

Highlights – Third Quarter 2007

* Quarterly revenue increased to $558.8 million, up 48% from the year-ago quarter.
* Quarterly diluted EPS on a GAAP basis was $0.32, compared to $0.20 in the year-ago quarter.
* Quarterly diluted EPS on a non-GAAP basis was $0.34, excluding stock-based compensation expense of $0.02, compared to $0.23 in the year-ago quarter.

Revenue for the third quarter of 2007 increased to $558.8 million, up 8% sequentially from $516.5 million in the second quarter of 2007, and up 48% from $377.5 million in the third quarter of 2006. GAAP net income was $96.2 million, or $0.32 per diluted share, compared to $61.0 million, or $0.20 per diluted share, in the third quarter of 2006. Diluted earnings per share on a non-GAAP basis was $0.34. GAAP operating margin for the quarter was 18.1%. Excluding stock based compensation expense of $9.2 million, non-GAAP operating margin was 19.7%, at the upper end of the Company’s targeted 19-20% range. The results include a one-time tax benefit of $2.8 million and a pre-tax foreign exchange gain of $2.6 million. Reconciliations of these non-GAAP financial measures to GAAP operating results and diluted EPS are included at the end of this release.

“We are very pleased with our third quarter financial performance, which was driven by strong organic revenue growth across our diverse platform of industries, service offerings and geographies,” said Francisco D’Souza, President and CEO of Cognizant. “Our results continue to underscore the success of our focused investment strategy and our ability to capitalize on the most strategic opportunities for Cognizant’s future growth. This is particularly evident in the growth of our European business, where revenue grew over 90% year-over year, and rose 24% sequentially to account for 17% of total revenue for the third quarter. Our performance during the quarter also further highlights our track record of operational excellence. We executed on our plan to offset the current macroeconomic headwinds and successfully delivered operating margins at the high end of our target range and EPS above our guidance.”

Mr. D’Souza continued, “During our recently concluded North American user conference, the significant majority of customers responding to a survey indicated that they expect their 2008 IT budgets to stay unchanged or to increase. Furthermore, respondents indicated that an increasing portion of their overall IT budgets in 2008 will be directed to outsourcing. The results from this formal survey and other feedback from our clients give us optimism about our growth opportunities for 2008. As we move forward into next year, we are very confident in the long-term strength of our business model and the broad-based foundation we have in place to meet the sustained strong demand we anticipate from both new and existing customers.”

[analogdog]

Record third quarter earnings and a drop... hedgie getting out. Loking for bounce. IMO