Forbes: Cognizant on the Forbes Fast Tech 25 List for a Record Eleventh Consecutive Year

Cognizant is on the Forbes Fast Tech 25 list yet again. In the 2013 Forbes ranking of America's 25 fastest growing technology companies, Cognizant ranks 12th. Notably, this is Cognizant’s record eleventh-consecutive showing on the list. Cognizant is the only company to make the list every year since the list’s inception.

In their report titled “America's Fastest Growing Tech Companies 2013”, which appears in the June 24 issue of the magazine, Scott DeCarlo and Tomio Geron write: “Finding growth stocks isn’t difficult. What’s difficult is finding growth stocks that don’t fade and are built to outpace their rivals. To identify firms that have proven and sustainable businesses with a pipeline of innovative ideas, Forbes created its list of America’s Fastest Growing Tech Companies, now in its 11th year.”

Explaining the method of ranking, they write, “We sift through more than 2,100 publicly traded tech firms, selecting only profitable outfits with a minimum revenue of $150 million and a market cap of at least $500 million. List membership requires sales growth of at least 10% for each of the past three fiscal years and over the last 12 months, as well as estimated earnings growth above 10% over the next three to five years. We then rank the list by three-year average sales growth rate.”