Cognizant Technology Solutions

Cognizant Technology Solutions Corp. engages in the provision of information technology, consulting, and business process outsourcing services. It operates through the following business segments: Financial Services, Healthcare, Products and Resources, and Communications, Media, and Technology. The Financial Services segment consists of banking and insurance services. The Healthcare segment involves healthcare and life sciences. The Products and Resources segment consists of retail and consumer goods, manufacturing and logistics, travel and hospitality, and energy and utilities. The Communications, Media, and Technology segment includes communications, information, media and entertainment, and technology. The company was founded by Wijeyaraj Kumar Mahadeva and Francisco D'Souza in 1994 and is headquartered in Teaneck, NJ.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Cognizant Technology Solutions beats revenue guidance, eyes growth opportunities

CTSH delivered strong Q4 results, focusing on improving fulfillment, reducing attrition, and enhancing operational discipline. Challenges lie in uncertain gross margins for 2023 and softness in the economic environment. Opportunities include becoming the employer of choice, leveraging investments for growth, and capitalizing on digital transformation.

Cognizant Technology Solutions beats revenue guidance, eyes margin expansion

CTSH's Q1 performance showed resilience with revenue exceeding guidance and strong bookings growth, setting the stage for future margin expansion.
While facing margin pressure and cost challenges, CTSH is strategically positioned to leverage opportunities in large deals, automation, and revenue diversification.
The company's focus on operational efficiency, talent development, and innovation underscores a proactive approach to navigating industry dynamics and driving growth.
CTSH's investments in technology and strategic initiatives align with market trends, positioning the company for sustained success and competitiveness.

Cognizant reports strong Q2 earnings, focuses on AI investments

Cognizant reports solid Q2 performance with revenue meeting guidance and strong bookings growth. Focus on talent retention, AI capabilities, and strategic partnerships for digital transformation. Challenges in Financial Services segment revenue and workforce levels, but opportunities lie in AI investments and automation technologies.

Cognizant exceeds Q3 expectations, eyes generative AI investments for growth

Cognizant's Q3 performance demonstrated resilience with strong bookings growth and cost-saving initiatives driving margin expansion. While facing challenges from soft demand and discretionary spending pressures, the company is strategically positioned to capitalize on generative AI investments and client collaboration for future growth.

Cognizant Technology Solutions reports Q4 revenue decline but exceeds expectations

CTSH reports Q4 revenue decline but exceeds operating margin expectations, with full-year revenue in line with guidance.
Strong focus on large deal generation, AI investment, and healthcare capabilities positioning CTSH for growth.
Challenges include discretionary spend concerns and uncertain visibility into fiscal '24, while opportunities lie in AI adoption and sector spend recovery triggers.
CTSH's success attributed to differentiated value proposition, sector capabilities, and focus on automation, with a cautious outlook for '24.

Cognizant reports Q1 revenue decline but boosts margins and innovation

Cognizant's Q1 2024 performance showed revenue decline but improved operating margin and strong large deal momentum.
The company's focus on innovation, strategic partnerships, and AI investments positions it well for future growth.
Challenges include uncertainty in demand environment and pricing pressures, but opportunities lie in margin improvement and new client acquisitions.

CTSH reports solid Q3 results, eyes growth through AI and partnerships

Cognizant Technology Solutions (CTSH) delivered a strong performance in Q3 2024, with revenue growth, margin improvement, and strategic initiatives driving positive results.
The company's focus on growth acceleration, talent development, and strategic partnerships positions it well for future success and market competitiveness.
While facing challenges in maintaining margins and executing strategic priorities, CTSH has opportunities to leverage its strengths in AI, acquisitions, and industry partnerships for sustained growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Cognizant Technology Solutions Corp. engages in providing information technology, consulting, and business process outsourcing services. Its services include application services, artificial intelligence, business process services, cloud solutions, and core modernization. It operates through the following segments: Financial Services (FS), Healthcare Sciences (HS), Products and Resources (P and R), and Communications, Media, and Technology (CMT). The FS segment focuses on banking and insurance services. The HS segment is involved in healthcare and life sciences. The P and R segment includes retail and consumer goods. The CMT segment relates to communications, information, media and entertainment, and technology. The company was founded by Wijeyaraj Kumar Mahadeva and Francisco D'Souza on April 6, 1988 and is headquartered in Teaneck, NJ.

Cognizant's stock has witnessed a brutal selloff, from ~$80 a year ago to $64.24, due to slipping margins and weakness in Cognizant's two largest business segments.

Recent Selloff Makes Cognizant A Buy

Alphabet

Symantec Corp

Verizon

Here we take a look at five blue-chip technology stocks that should benefit from strong cloud demand, growing adoption of AI solutions and IoT, among others.

5 Top-Ranked Blue Chip Tech Stocks to Buy in September

Cerner

Microsoft

NVIDIA

DENTSPLY SIRONA

Former U.S. Vice President Al Gore (Trades, Portfolio), leader of Generation Investment Management, and Parnassus Investments’ Jerome Dodson (Trades, Portfolio) may take slightly different approaches to identifying good value opportunities, but they are both known for their commitment to being socially responsible.

5 Stocks These Socially Responsible Gurus Agree On

Guidewire Software

CTSH vs. GWRE: Which Stock Is the Better Value Option?

CTSH or GWRE: Which Is the Better Value Stock Right Now?

Cognizant Technology Solutions Corp (CTSH) CEO Brian Humphries on Q2 2019 Results - Earnings Call Transcript

The IT consultant still has to overcome some headwinds in its core business.

Cognizant Looks Solid Despite Banking Weakness

SYNNEX

SNX vs. CTSH: Which Stock Is the Better Value Option?

SNX or CTSH: Which Is the Better Value Stock Right Now?

Allergan

Bunge Global SA

Corteva Inc

Targa Resources

The T Rowe Price Equity Income Fund (Trades, Portfolio) released its second-quarter portfolio earlier this week, listing nine new holdings.

The Top 5 Buys of the T Rowe Price Equity Income Fund

As a long-time holding, we liked Cognizant (NASDAQ:CTSH)’s positioning as an IT and BP outsourcing service provider, adding value by helping companies simultaneously manage legacy IT business while ramping up investment in constantly emerging digital technologies.

David Rolfe Comments on Cognizant

CFO of Cognizant Technology Solutions Corp (NASDAQ:CTSH) Karen Mcloughlin (insider trades) sold 7,905 shares of CTSH on 07/09/2019 at an average price of $64.28 a share.

Cognizant Technology Solutions Corp (CTSH) CFO Karen Mcloughlin Sold $508,133 of Shares

Cognizant (CTSH) reported earnings 30 days ago. What's next for the stock?

Cognizant (CTSH) Down 6.4% Since Last Earnings Report: Can It Rebound?

ARMOUR Residential REIT

Intrexon

According to GuruFocus Insider Data, these are the largest CEO buys during the past week.

Details the CEO buys this past week

Hain Celestial Group

Medicines

Insider buying can be an encouraging signal for potential investors. CEOs made notable purchases last week, with one of them bucking a selling trend.

Notable Insider Buys This Past Week: Bunge, Hain Celestial And More

Cognizant is a high-quality IT services company that generates a high level of return on invested capital and stands to benefit from long-term structural growth drivers.

Cognizant Technology Solutions Is A Buy After The Recent Share Price Drop

Only five weeks after taking over as CEO of Cognizant, Brian Humphrey had the duty of reporting disappointing results for the IT consultant, stating, "Cognizant's growth and performance in the quarter leaves room for improvement."

Cognizant makes a drastic cut to its outlook

The consulting company's first-quarter results disappointed all around.

Why Cognizant Technology Solutions Stock Was Slammed Friday

Cognizant Technology Solutions Corp. bulls ran for the hills on Friday.

Cognizant is swimming in downgrades after earnings miss

Cognizant Technology Solutions Corp reported Thursday after the close with below-consensus first-quarter revenue and reduced its full-year guidance, citing weakness in the financial and health care verticals.

KeyBanc Downgrades Cognizant: 3 Reasons Why

The IT consultant sees weaker business from financials and healthcare clients.

A Tough Quarter Forces Cognizant to Cut Its 2019 Outlook

Cognizant Technology Solutions (CTSH) first-quarter 2019 results hurt by sluggish performance of Financial Services and Healthcare segments.

Cognizant (CTSH) Misses on Q1 Earnings, Cuts 2019 Guidance

Cognizant Technology Solutions Corporation (CTSH) CEO Brian Humphries on Q1 2019 Results - Earnings Call Transcript

Cognizant (CTSH) delivered earnings and revenue surprises of -11.65% and -1.39%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

Cognizant (CTSH) Q1 Earnings and Revenues Miss Estimates

Cognizant's (CTSH) first-quarter 2019 results are likely to benefit from domain expertise and acquisitions that are adding new customers.

What's in Store for Cognizant (CTSH) This Earnings Season?

Tyler Technologies

CTSH vs. TYL: Which Stock Is the Better Value Option?

News for Cognizant Technology Solutions Stock (CTSH)