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 ...

-          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 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 ...

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 ...

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 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) 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 ...

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Three-year digital innovation collaboration will see Cognizant empower the hospitality company's growth ambitions across the UK and Germany LONDON, July 23, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) and Whitbread have expanded their digital transformation relationship which will see the professional services provider support the hospitality company's ongoing digital transformation with product design, product management and engineering as Whitbread expands its operations in the UK and Germany. The renew ...

Investors with an interest in Business - Software Services stocks have likely encountered both Cognizant (CTSH) and Wipro Limited (WIT) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with ...