Cognizant (CTSH) Beats on Q3 Earnings, Sales; Tweaks View

Cognizant updated its non-GAAP earnings expectation for 2016 in a range of $3.38 to $3.41. Revenues are now expected to lie in a range of $13.47 billion to $13.53 billion compared with the earlier projection of $13.47 billion to $13.60 billion.