secwatch.observer — SEC 8-K summary
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Issuer:     COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK:        0001058290
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001058290-24-000013
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cognizant FY23 revenue down 0.4% to $19.4B; bookings up 9% to $26.3B; dividend raised 3%
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- FY23 revenue $19.4B (-0.4% YoY); Q4 revenue $4.758B (-1.7% YoY); within guided range.
- FY23 adjusted operating margin 15.1% (40bps above guidance); Q4 adjusted margin 16.1%.
- FY23 bookings $26.3B (+9% YoY) driven by new clients and large deals.
- Cash dividend increased 3% to $0.30/share for Q1 2024.
- FY24 guidance: constant currency revenue growth (2%) to 2%; adjusted margin 15.3-15.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058290/000105829024000013/0001058290-24-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058290/000105829024000013/ctsh-20240206.htm
  HTML page:      https://secwatch.observer/filing/0001058290-24-000013

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