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Cognizant(CTSH) - 2024 Q2 - Quarterly Report
2024-07-31 21:36
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 ☐ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 0-24429 COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION (Exact Name of Registrant as Specified in Its Charter) Delaware 13-3728359 (St ...
Cognizant(CTSH) - 2024 Q2 - Earnings Call Presentation
2024-07-31 21:08
| --- | --- | |----------------------------------|--------------| | | | | | Exhibit 99.3 | | | | | Second Quarter 2024 | | | Financial Results and Highlights | | | July 31, 2024 | | | © 2024 Cognizant | | © 2024 Cognizant 1 Forward-looking statements This earnings supplement includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which is necessarily subject to risks, uncertainties ...
Cognizant(CTSH) - 2024 Q2 - Quarterly Results
2024-07-31 20:03
Exhibit 99.1 Cognizant Reports Second Quarter 2024 Results • Revenue of $4.9 billion, above the high end of our guidance range; sequentially increased 1.9%, or 2.1% in constant currency • Operating margin of 14.6%, up from 11.8% in the second quarter of 2023, and Adjusted Operating Margin of 15.2%, which expanded 100 basis points year-over-year • Trailing 12-month bookings of $26.2 billion; book-to-bill of 1.4x • Third quarter of 2024 revenue guidance of flat to 1.5% year-over-year growth in constant curren ...
Cognizant & Oxford Economics' Companion Study to their "New Work, New World" Report Shows Cautious Optimism Among Enterprises Adopting AI
Prnewswire· 2024-07-30 04:01
-          77% of global companies surveyed want to grow revenues through AI-          Survey reveals that companies' average AI investment planned this year is nearly $50M-          Enterprises are cautious about scaling AI, with only 26% having implemented cross-enterprise use casesTEANECK, N.J., July 30, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) has released a companion analysis to its comprehensive 2023 study with Oxford Economics, and the new report - titled "New Work, New World: Quantifying Global ...
Cognizant (CTSH) to Report Q2 Earnings: What's in Store?
ZACKS· 2024-07-29 17:16
Cognizant Technology Solutions (CTSH) is scheduled to report its second-quarter 2024 results on Jul 31.CTSH expects second-quarter 2024 revenues to be between $4.75 billion and $4.82 billion, indicating a decline of 2.9% to 1.4%. Acquisitions are expected to have contributed 100 bps.The Zacks Consensus Estimate for second-quarter revenues is pegged at $4.81 billion, indicating a year-over-year decline of 1.63%.The consensus mark for earnings is pegged at $1.12 per share, unchanged in the past 30 days. Cogni ...
Cognizant Moment: Powering the next generation of data-led, AI-fueled experiences at enterprise scale
Prnewswire· 2024-07-29 12:00
New AI-powered digital experience practice area offers businesses end-to-end solutions for intelligent experience orchestration along the customer journey.TEANECK, N.J., July 29, 2024 /PRNewswire/ -- Cognizant announced the launch of Cognizant Moment™, the next evolution of the company's digital experience practice area, designed to help clients leverage the power of artificial intelligence (AI) to reimagine customer experience and engineer innovative strategies aimed at driving growth.The new practice buil ...
Cognizant secures deal as Hays global technology partner, ushering in a new era of digital transformation and innovation
Prnewswire· 2024-07-29 08:00
As Hays' global tech partner, Cognizant will use new innovative technologies to enhance customer experience and IT efficiency, in order to drive agility and competitiveness in the business environment LONDON, July 29, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) announced its strategic partnership with Hays, the world's leading specialist in workforce solutions and recruitment. This significant partnership aims to transform Hays' technology landscape and enhance its operational efficiency and innovation ca ...
Unitywater selects Cognizant for Information and Communication Technology (ICT) Support Managed Services
Prnewswire· 2024-07-28 22:00
Unitywater and Cognizant embark on a five-year collaboration for ICT Support Managed Services for the water providerSYDNEY and TEANECK, N.J., July 28, 2024 /PRNewswire/ -- Unitywater, a leading water utility in Queensland, has announced a 5-year collaboration with Cognizant (Nasdaq: CTSH), a global leader in technology and professional services. This relationship aims to support Unitywater's digital infrastructure, enhancing operational efficiency and productivity, in alignment with its strategic ambition o ...
Cognizant (CTSH) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-07-24 15:07
Cognizant (CTSH) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 31. On the ...
Why Cognizant (CTSH) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-07-23 14:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style S ...