TEANECK, N.J. (AP) _ Cognizant Technology Solutions Corp. (CTSH) on Wednesday reported second-quarter earnings of $361 million.

The Teaneck, New Jersey-based company said it had profit of 67 cents per share. Earnings, adjusted for non-recurring costs, were 82 cents per share.

The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.

The information technology consulting and outsourcing firm posted revenue of $4 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $3.79 billion.

Cognizant expects full-year earnings in the range of $3.48 to $3.58 per share, with revenue in the range of $16.4 billion to $16.7 billion.

Cognizant shares have climbed slightly more than 4% since the beginning of the year, while the Standard & Poor's 500 index has climbed almost 1%. In the final minutes of trading on Wednesday, shares hit $64.77, a decrease of nearly 2% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTSH at https://www.zacks.com/ap/CTSH

Automated Insights, source Associated Press News