secwatch.observer — SEC 8-K summary
======================================

Issuer:     COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK:        0001058290
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001058290-24-000241
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cognizant Q2 revenue beats guidance; full-year organic growth outlook raised
----------------------------------------------------------------------------

- Revenue $4.9B, above high end of guidance; sequential CC growth 2.1%, strongest in two years.
- Adjusted operating margin 15.2% (up 100 bps YoY); GAAP EPS $1.14, adjusted EPS $1.17.
- Trailing 12-month bookings $26.2B, book-to-bill 1.4x; maintained large deal momentum.
- FY2024 revenue guidance narrowed to -0.5% to +1.0% CC (midpoint up); Q3 guidance flat to +1.5% CC.
- Announced acquisition of leading ER&D services supplier for aerospace/defense/space/marine/industrial.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058290/000105829024000241/0001058290-24-000241-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058290/000105829024000241/ctsh-20240731.htm
  HTML page:      https://secwatch.observer/filing/0001058290-24-000241

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