Cognizant Q3 revenue $4.9B, +2.4% YoY; trims FY22 guidance to 4.5% growth

COGNIZANT TECHNOLOGY SOLUTIONS CORP

2022-Q3 EPS reported $3.40 revenue$14,589,000,000

Revenue $4.9B, up 2.4% YoY (5.6% constant currency), below expectations.
GAAP diluted EPS $1.22 (+18% YoY); adjusted diluted EPS $1.17 (+10% YoY).
FY22 revenue growth guidance cut to 4.5% reported (7.0% constant currency).
Board approved $2B increase to share repurchase authorization; YTD returned over $1.5B.
Digital revenue 51% of total, up ~7% YoY (~11% constant currency).

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

COGNIZANT TECHNOLOGY SOLUTIONS CORP reported the quarter ended September 30, 2022 results: revenue $4.9 billion, EPS $1.22. Guidance reaffirmed.

Period: the quarter ended September 30, 2022
Revenue: $4.9 billion
EPS: $1.22
Guidance: reaffirmed
Result: reported results

Exact text from the filing

are attached to this current report on Form 8-K as Exhibits 99.1 and 99.2, respectively.* --- EX-99.1 (EX-99.1) --- COGNIZANT REPORTS THIRD QUARTER 2022 RESULTS • Revenue of $4.9 billion grew 2.4% year-over-year, or 5.6% in constant currency 1 • Operating Margin and Adjusted Operating Margin of 16.4%, an increase of 100 and 60 basis points year-over-year,

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

COGNIZANT TECHNOLOGY SOLUTIONS CORP filing history →

Source: SEC EDGAR

accession 0001058290-22-000320

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