secwatch.observer — SEC 8-K summary
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Issuer:     COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK:        0001058290
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001058290-23-000132
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058290/000105829023000132/0001058290-23-000132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058290/000105829023000132/ctsh-20230503.htm
  HTML page:      https://secwatch.observer/filing/0001058290-23-000132

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer