Cognizant Q3 revenue $5.0B (+3% YoY) at guidance high end; 19 large deals YTD exceed full-year 2023

COGNIZANT TECHNOLOGY SOLUTIONS CORP

2024-Q3 EPS reported $3.41 revenue$14,654,000,000

Revenue $5.04B (+3.0% YoY, +2.7% constant currency) at high end of guidance.
GAAP diluted EPS $1.17; adjusted EPS $1.25; adjusted operating margin 15.3%.
Health Sciences +7.8% YoY; Financial Services returned to growth +0.7% YoY.
Trailing 12-month bookings $26.2B, book-to-bill 1.3x; six deals >$100M TCV in Q3.
Full-year 2024 CC revenue guidance narrowed to 1.4%-1.9% growth (midpoint unchanged); adjusted op margin ~15.1%.

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