secwatch.observer — SEC 8-K summary
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Issuer:     COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK:        0001058290
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001058290-22-000111
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cognizant Q1 revenue $4.8B (+9.7% YoY); digital +20%; FY22 guidance 7.2-9.2% growth
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- Revenue $4.8B, +9.7% YoY (10.9% constant currency); digital revenue +20% YoY, now 50% of total revenue.
- GAAP diluted EPS $1.07 vs $0.95; adjusted diluted EPS $1.08 vs $0.97; operating margin 15.0% (down 20 bps).
- Full-year 2022 guidance: reported revenue growth 7.2-9.2%, constant currency 9.0-11.0%.
- Segment: Products & Resources +13.2% CC led; Financial Services +4.8% (impacted by Samlink sale), Healthcare +8.1% CC.
- Operating cash flow $306M, free cash flow $186M; returned $617M via dividends ($0.27/share) and share repurchases.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058290/000105829022000111/0001058290-22-000111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058290/000105829022000111/ctsh-20220504.htm
  HTML page:      https://secwatch.observer/filing/0001058290-22-000111

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