Cognizant(CTSH)
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Cognizant Q3 Earnings Beat Estimates: Will Raised View Aid Shares?
ZACKS· 2024-10-31 13:55
Cognizant Technology Solutions (CTSH) reported non-GAAP earnings of $1.25 per share in third-quarter 2024, which beat the Zacks Consensus Estimate by 9.65% and increased 7.8% year over year.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of $5 billion beat the consensus mark by 0.82%. The top line increased 3% year over year and 2.7% at constant currency (cc). Acquisitions contributed 150 basis points (bps) to top-line growth.On a trailing 12-month basis, bookings declined 2% ...
Cognizant(CTSH) - 2024 Q3 - Earnings Call Presentation
2024-10-30 23:23
| --- | --- | |----------------------------------|--------------| | | | | | Exhibit 99.3 | | | | | | | | Third Quarter 2024 | | | Financial Results and Highlights | | | October 30, 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, uncer ...
Cognizant(CTSH) - 2024 Q3 - Earnings Call Transcript
2024-10-30 22:48
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Tyler Scott - Vice President, Investor Relations Ravi Kumar - Chief Executive Officer Jatin Dalal - Chief Financial Office Conference Call Participants Jason Kupferberg - Bank of America Tien-Tsin Huang - JPMorgan Jim Schneider - Goldman Sachs Maggie Nolan - William Blair Jamie Friedman - Susquehanna Bryan Keane - Deutsche Bank Bryan Bergin - TD Cowen Operator Ladies and ...
Cognizant (CTSH) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-10-30 22:31
For the quarter ended September 2024, Cognizant (CTSH) reported revenue of $5.04 billion, up 3% over the same period last year. EPS came in at $1.25, compared to $1.16 in the year-ago quarter.The reported revenue represents a surprise of +0.82% over the Zacks Consensus Estimate of $5 billion. With the consensus EPS estimate being $1.14, the EPS surprise was +9.65%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectati ...
Cognizant (CTSH) Q3 Earnings and Revenues Beat Estimates
ZACKS· 2024-10-30 22:15
Cognizant (CTSH) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $1.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.65%. A quarter ago, it was expected that this information technology consulting and outsourcing firm would post earnings of $1.12 per share when it actually produced earnings of $1.17, delivering a surprise of 4.46%.Ov ...
Cognizant(CTSH) - 2024 Q3 - Quarterly Report
2024-10-30 21:45
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 September 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 13-372835 ...
Cognizant(CTSH) - 2024 Q3 - Quarterly Results
2024-10-30 20:04
Exhibit 99.1 Cognizant Reports Third Quarter 2024 Results 1 • Revenue of $5.0 billion, increased 3.0% year-over-year or 2.7% in constant currency , the high end of our guidance ranges • Operating margin of 14.6%, sequentially flat and increased 60 basis points year-over-year; year-to-date operating margin of 14.6%, increased 110 basis points year-over-year • Adjusted Operating Margin of 15.3%, increased 10 basis points sequentially and decreased 20 basis points year-over-year; year-to-date Adjusted Operatin ...
Cognizant Reports Third Quarter 2024 Results
Prnewswire· 2024-10-30 20:01
Revenue of $5.0 billion, increased 3.0% year-over-year or 2.7% in constant currency1, the high end of our guidance ranges Operating margin of 14.6%, sequentially flat and increased 60 basis points year-over-year; year-to-date operating margin of 14.6%, increased 110 basis points year-over-year Adjusted Operating Margin1 of 15.3%, increased 10 basis points sequentially and decreased 20 basis points year-over-year; year-to-date Adjusted Operating Margin of 15.2%, increased 40 basis points year-over-year Trai ...
Cognizant's Synapse Skilling Initiative Impacts More Than 275,000 Individuals in its First Year
Prnewswire· 2024-10-29 18:59
Launched about one year ago, Cognizant created Synapse as a global program to equip individuals with the technology skills they need to be part of the workforce of the future. TEANECK, N.J., Oct. 29, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced it has reached more than 275,000 people via its global skilling initiative, Synapse, which launched one year ago in October, 2023. This milestone shows Cognizant is more than a quarter of the way toward reaching the program's goal to advance technolo ...
Cognizant Collaborates with Alnylam as Technology Services Partner to Scale IT Operations
Prnewswire· 2024-10-29 16:00
Utilizing Cognizant's top-tier managed services frameworks and tools, the partnership aims to enhance Alnylam's automation and reduce operational effortsTEANECK, N.J., Oct. 29, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) announced today a new agreement with Alnylam Pharmaceuticals, Inc., a leading biopharmaceutical company and the pioneer in RNA interference (RNAi) therapeutics. Cognizant will serve as an integral IT Managed Services provider for Alnylam. This collaboration aims to scale Alnylam's IT oper ...