Cognizant(CTSH)
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Cognizant to Present at Upcoming Conferences
prnewswire.com· 2024-05-17 12:30
TEANECK, N.J., May 17, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, today announced its participation in the following investor conferences:J.P. Morgan 52nd Annual Global Technology, Media and Communications ConferencePresenter: Ravi Kumar S, Chief Executive OfficerDate: Tuesday, May 21, 2024Time: 11:30AM ESTTD Cowen 52nd Annual Technology, Media & Telecom ConferencePresenter: Jatin Dalal, Chief Financial OfficerDate: ...
International Markets and Cognizant (CTSH): A Deep Dive for Investors
Zacks Investment Research· 2024-05-06 14:16
Did you analyze how Cognizant (CTSH) fared in its international operations for the quarter ending March 2024? Given the widespread global presence of this information technology consulting and outsourcing firm, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities.In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and ...
Cognizant (CTSH) Q1 Earnings Beat Estimates, Revenues Down Y/Y
Zacks Investment Research· 2024-05-02 16:16
Cognizant Technology Solutions (CTSH) reported first-quarter 2024 non-GAAP earnings of $1.12 per share, which beat the Zacks Consensus Estimate by 0.9% and increased 0.9% year over year.Revenues of $4.76 billion beat the consensus mark by 0.83%. The top line decreased 1.1% year over year and 1.2% at constant currency (cc). Acquisitions contributed 70 basis points (bps) to top-line growth.On a trailing twelve-month basis, bookings increased 1% year over year to $25.9 billion, which represented a book-to-bill ...
Cognizant(CTSH) - 2024 Q1 - Earnings Call Transcript
2024-05-02 00:53
Cognizant Technology Solutions Corporation. (NASDAQ:CTSH) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Tyler Scott - VP & Head of IR Ravi Kumar - CEO Jatin Dalal - CFO Conference Call Participants Bryan Bergin - TD Cowen Tien-Tsin Huang - JPMorgan Jonathan Lee - Guggenheim Securities Jason Kupferberg - Bank of America James Faucette - Morgan Stanley Moshe Katri - Wedbush Securities Jamie Friedman - SIG Operator Ladies and gentlemen, welcome to the Cognizant Technology Solutio ...
Cognizant (CTSH) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-05-01 22:31
Cognizant (CTSH) reported $4.76 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 1.1%. EPS of $1.12 for the same period compares to $1.11 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.73 billion, representing a surprise of +0.73%. The company delivered an EPS surprise of +0.90%, with the consensus EPS estimate being $1.11.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...
Cognizant (CTSH) Surpasses Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-05-01 22:10
Cognizant (CTSH) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $1.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.90%. A quarter ago, it was expected that this information technology consulting and outsourcing firm would post earnings of $1.04 per share when it actually produced earnings of $1.18, delivering a surprise of 13.46%.O ...
Cognizant(CTSH) - 2024 Q1 - Quarterly Report
2024-05-01 21:40
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 March 31, 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 (S ...
Cognizant(CTSH) - 2024 Q1 - Quarterly Results
2024-05-01 20:03
Exhibit 99.1 COGNIZANT REPORTS FIRST QUARTER 2024 RESULTS • Revenue of $4.8 billion declined 1.1% year-over-year, or declined 1.2% in constant currency1, which was above the high-end of our guidance range • Operating margin of 14.6%, flat year-over-year, and Adjusted Operating Margin1 of 15.1%, which expanded 50 basis points year-over-year • Trailing 12-month bookings of $25.9 billion; book-to-bill of 1.3x • $284 million returned to shareholders through share repurchases and dividends • 2024 revenue guidanc ...
Cognizant (CTSH) to Report Q1 Earnings: What's in Store?
Zacks Investment Research· 2024-04-29 16:51
Cognizant Technology Solutions (CTSH) is scheduled to report its first-quarter 2024 results on May 1.CTSH expects first-quarter 2024 revenues to be between $4.68 billion and $4.76 billion, indicating a decline of 2.7% to 1.2%. Acquisitions are expected to contribute 100 bps and 20 bps positive impact from favorable forex.The Zacks Consensus Estimate for the first quarter is pegged at $4.72 billion, indicating a year-over-year decline of 1.89%.The consensus mark for earnings is pegged at $1.11 per share, unc ...
Cognizant enters into a strategic partnership with Telstra to elevate software engineering capabilities and enhance customer experience
Prnewswire· 2024-04-28 14:01
The collaboration seeks to accelerate speed to market, operational efficiency and improved customer and employee experience for Telstra SYDNEY and TEANECK, N.J., April 28, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced a five-year strategic partnership with Telstra as part of the Australian telecommunications and technology company's strategy for growth. Cognizant will introduce new ways of working to accelerate Telstra's software engineering and IT capabilities and leverage modern technologi ...