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Cognizant(CTSH) - 2023 Q4 - Annual Report
2024-02-13 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 0-24429 COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION (Exact Name of Registrant as Specified in Its Charter) Delaware 13-3728359 (State or O ...
Cognizant (CTSH) Q4 Earnings Beat Estimates, Revenues Down Y/Y
Zacks Investment Research· 2024-02-07 15:26
Cognizant Technology Solutions (CTSH) reported fourth-quarter 2023 non-GAAP earnings of $1.18 per share, which beat the Zacks Consensus Estimate by 13.46% and increased 16.8% year over year.Revenues of $4.76 billion lagged the consensus mark by 0.08%. The top line decreased 1.7% year over year and 2.4% at constant currency (cc). Acquisitions contributed 90 basis points (bps) to top-line growth.Cognizant’s fourth-quarter results suffered from a challenging macroeconomic environment, cautious clients and limi ...
Cognizant (CTSH) Reports Q4 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-02-07 00:01
财务表现 - Cognizant (CTSH)在2023年12月结束的季度报告显示,营收为47.6亿美元,同比下降1.7%[1] - 公司的每股收益为1.18美元,较去年同期的1.01美元有所增长[1] - Cognizant的营收与Zacks Consensus Estimate的47.6亿美元相比,出现-0.08%的惊喜[2] - 公司的每股收益惊喜达到+13.46%,而共识每股收益预期为1.04美元[2] 业绩指标 - 在场利用率为88%,与两位分析师平均估计的88.8%相比[5] - 总人数为347,700人,而两位分析师平均估计为346,093人[5] - 离岸利用率为79%,与两位分析师平均估计的79%相同[5] 地区营收 - 北美地区营收为35.3亿美元,与两位分析师平均估计的35.4亿美元相比,同比下降1.6%[6] - 英国地区营收为4.48亿美元,与两位分析师平均估计的4.7152亿美元相比,同比下降1.1%[7] - 其他地区营收为3.1亿美元,与两位分析师平均估计的2.9426亿美元相比,同比下降9.9%[8] - 欧洲地区营收为9.18亿美元,与两位分析师平均估计的9.308亿美元相比,同比增长1.3%[8] - 大陆欧洲地区营收为4.7亿美元,与两位分析师平均估计的4.5928亿美元相比,同比增长3.8%[9] 行业营收 - 产品和资源营收为11.6亿美元,与三位分析师平均估计的11.6亿美元相比,同比增长1.3%[10] - 医疗科学营收为14亿美元,与三位分析师平均估计的14.4亿美元相比,同比下降2.1%[11] - 金融服务营收为14亿美元,与三位分析师平均估计的14.5亿美元相比,同比下降5.8%[11] - 通讯、媒体和技术营收为8.04亿美元,与三位分析师平均估计的7.1988亿美元相比,同比增长2.6%[12] 股票表现 - Cognizant的股票在过去一个月内上涨了5.3%,表现优于Zacks S&P 500综合指数的5.3%变化[13]
Cognizant (CTSH) Tops Q4 Earnings Estimates
Zacks Investment Research· 2024-02-06 23:11
Cognizant (CTSH) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.46%. A quarter ago, it was expected that this information technology consulting and outsourcing firm would post earnings of $1.08 per share when it actually produced earnings of $1.16, delivering a surprise of 7.41%.O ...
Cognizant (CTSH) to Report Q4 Earnings: What's in Store?
Zacks Investment Research· 2024-02-02 18:55
Cognizant Technology Solutions (CTSH) is scheduled to report its fourth-quarter 2023 results on Feb 6.CTSH expects fourth-quarter 2023 revenues to be between $4.69 billion and $4.82 billion, indicating a decline of 3.1% to an increase of 0.3%. Acquisitions are expected to contribute 100 basis points (bps).The Zacks Consensus Estimate for the fourth quarter is pegged at $4.76 billion, indicating a year-over-year decline of 1.6%.The consensus mark for earnings is pegged at $1.04 per share, unchanged in the pa ...
Cognizant (CTSH) Expands Gen-AI Footprint With Flowsource
Zacks Investment Research· 2024-02-01 17:46
Cognizant (CTSH) is expanding its generative AI capabilities with the launch of its latest Flowsource platform. The cutting-edge generative AI-enabled platform is designed to revolutionize the landscape of software engineering for enterprises.In response to the dynamic market environment, where businesses are increasingly becoming technology-centric, Cognizant Flowsource aims to empower organizations to meet the demands of the gen AI era by accelerating the software development lifecycle.The platform seamle ...
Cognizant (CTSH) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Zacks Investment Research· 2024-02-01 15:21
In its upcoming report, Cognizant (CTSH) is predicted by Wall Street analysts to post quarterly earnings of $1.04 per share, reflecting an increase of 3% compared to the same period last year. Revenues are forecasted to be $4.76 billion, representing a year-over-year decrease of 1.6%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this ...
Announcing Cognizant Flowsource™, a generative AI-enabled platform for powering modern engineering
Prnewswire· 2024-02-01 05:01
Platform provides an integrated, holistic way to track and expedite every stage of the software delivery lifecycle TEANECK, N.J., Feb. 1, 2024  /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced a generative AI (gen AI)-enabled platform, Cognizant Flowsource™️, that aims to fuel the next generation of software engineering for enterprises. Cognizant Flowsource integrates all stages of the software development lifecycle and incorporates digital assets and tools to help cross-functional engineering teams ...
Cognizant Implements Amazon's Just Walk Out Technology for Canberra Institute of Technology Student Association
Prnewswire· 2024-01-30 22:00
CITSA与Cognizant合作 - Cognizant与堪培拉技术学院学生协会(CITSA)合作,为学生协会商店提供技术支持,实现学生几乎24/7的访问[1] - CITSA是南半球第一个在教育机构实施亚马逊Just Walk Out技术的教育提供者[1] - Cognizant被选中为CITSA提供技术,以增强学生购物体验,自动化结账流程,提供几乎24小时的商店资源访问[4] Just Walk Out技术 - Just Walk Out技术旨在通过利用先进技术如计算机视觉和深度学习,包括生成式人工智能,来创造无摩擦的购物体验[3] - 亚马逊的Just Walk Out技术将为学生提供新的便利,使他们可以轻松地在白天和黑夜访问刷新品[5]
Cognizant Helping to Modernize Infrastructure and Application Management as Part of Takeda's Digital Transformation
Prnewswire· 2024-01-25 22:00
Cognizant will support Takeda's ambition to modernize technology capabilities   TEANECK, N.J., Jan. 25, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) announced today an expanded agreement with Takeda (NYSE: TAK), a global biopharmaceutical company, to support the company's digital transformation strategy by reinforcing and supporting its technology efforts. Together, Takeda and Cognizant will embark on a new project to attract additional technology talent and help Takeda further expand its Innovation Capabi ...