IT services provider Cognizant Technology Solutions Corp reported a 16.5 percent rise in quarterly revenue, helped by higher IT spending in North America and Europe.
The company`s net income in the second quarter ended June 30 rose to $371.9 million, or 61 cents per share, from $300.4 million, or 49 cents per share, a year ago.
Revenue rose to $2.52 billion from $2.16 billion a year earlier.
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