NasdaqGS:CTSHIT
How Cognizant’s Acquisition Strategy Amid Financial Pressures Will Impact CTSH Investors
In recent weeks, Cognizant Technology Solutions revealed it is actively seeking acquisitions to expand into new markets, enhance capabilities, or enter under-penetrated geographies, according to comments from Head of Americas Surya Gummadi.
This announcement comes alongside accolades for workplace excellence and sustainability, but occurs amid concerns about shrinking cash reserves, reduced free cash flow, and slower growth in key company segments.
We'll now assess how Cognizant's focus on...