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

Issuer:     COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK:        0001058290
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001058290-24-000325
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058290/000105829024000325/0001058290-24-000325-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058290/000105829024000325/ctsh-20241030.htm
  HTML page:      https://secwatch.observer/filing/0001058290-24-000325

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