Cognizant Q1 revenue $4.8B flat YoY; record bookings $25.6B (+28%)

COGNIZANT TECHNOLOGY SOLUTIONS CORP

2023-Q1 EPS reported $1.14 revenue$4,812,000,000

Revenue $4.8B, -0.3% reported, +1.5% constant currency YoY.
Record trailing 12-month bookings of $25.6B; Q1 bookings +28% YoY.
GAAP diluted EPS $1.14; adjusted diluted EPS $1.11.
2023 revenue guidance: -1.2% to 0.8% reported (-1.0% to 1.0% CC).
Plans to return ~$1.4B to shareholders in 2023, incl ~$800M buybacks.

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 0.97

COGNIZANT TECHNOLOGY SOLUTIONS CORP reported first quarter 2023 results: revenue $4.8 billion, EPS $1.14. Guidance reaffirmed.

Period: first quarter 2023
Revenue: $4.8 billion
EPS: $1.14
Guidance: reaffirmed
Result: reported results

Exact text from the filing

COGNIZANT REPORTS FIRST QUARTER 2023 RESULTS • Revenue of $4.8 billion declined 0.3% year-over-year, or grew 1.5% in constant currency 1 • Record trailing 12-month bookings of $25.6 billion; Q1 bookings growth of 28% year-over-year • Operating cash flow of $729 million and free cash flow 1 of $631 million • Expect to return $1.4 billion to shareholders through share repurchases and dividends in 2023 • 2023 revenue growth guidance of (1.2%) to 0.8%, or (1.0%) to 1.0% in constant currency

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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 0001058290-23-000132

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