Welcome to our dedicated page for Cognizant Technology Solutions news (Ticker: CTSH), a resource for investors and traders seeking the latest updates and insights on Cognizant Technology Solutions stock.
Cognizant Technology Solutions (NASDAQ: CTSH), a global leader in digital transformation and IT services, provides this centralized hub for investors and professionals tracking its strategic developments. Access up-to-date press releases, earnings reports, and announcements covering CTSH's consulting innovations, AI-driven solutions, and industry partnerships.
This resource offers critical insights into Cognizant's operational milestones, including cloud infrastructure projects, cybersecurity advancements, and cross-sector digital modernization initiatives. Users will find organized updates on mergers/acquisitions, leadership changes, and technology deployments across healthcare, finance, and retail verticals.
Bookmark this page for structured access to Cognizant's verified corporate communications, enabling efficient tracking of performance indicators and strategic direction. Regular updates ensure stakeholders maintain awareness of CTSH's role in shaping enterprise technology landscapes.
Cognizant (Nasdaq: CTSH) reported first quarter 2024 financial results with revenue of $4.8 billion, a 1.1% year-over-year decline, or 1.2% decline in constant currency. Operating margin remained flat at 14.6%, while Adjusted Operating Margin expanded to 15.1%. The company returned $284 million to shareholders through share repurchases and dividends. Revenue guidance for 2024 is unchanged at (2.0%) to 2.0% in constant currency, with Adjusted Operating Margin guidance at 15.3-15.5%.
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