earnings
confidence high
sentiment positive
materiality 0.80
Cognizant Q3 revenue $4.7B (+11.8% YoY), EPS $1.03; digital revenue up 18%
COGNIZANT TECHNOLOGY SOLUTIONS CORP
2021-Q3 EPS reported
$2.96
revenue$13,730,000,000
- GAAP diluted EPS of $1.03 vs $0.64 YoY; adjusted EPS of $1.06 vs $0.97.
- Digital revenue grew 18% YoY to 44% of total revenue; bookings grew 24% YoY.
- Financial Services +5.1%, Healthcare +10.0%, Products & Resources +19.4% YoY.
- FY 2021 revenue growth guidance raised to 11.1% (9.8% constant currency).
- Free cash flow $897M; Q3 dividend $0.24/share and share repurchases $129M.