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Cognizant Technology Solutions Corp. - CTSH STOCK NEWS

Welcome to our dedicated news page for Cognizant Technology Solutions (Ticker: CTSH), a resource for investors and traders seeking the latest updates and insights on Cognizant Technology Solutions.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cognizant Technology Solutions's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cognizant Technology Solutions's position in the market.

Rhea-AI Summary
Cognizant announces Q3 2023 financial results with $4.9 billion in revenue, a 0.8% YoY increase. Trailing 12-month bookings reach $26.9 billion, up 16% YoY. Operating cash flow is $828 million, and free cash flow is $755 million, 144% of net income. Share repurchase expectation for 2023 increased by $200 million to $1 billion. Full-year 2023 revenue guidance narrowed to (0.7%) to flat. Adjusted Operating Margin guidance is ~14.7%, the high end of prior guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.02%
Tags
earnings
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Rhea-AI Summary
Cognizant launches Synapse, a training initiative to empower one million individuals with cutting-edge technology skills by 2026. The program aims to reskill people for future employability, reaching underserved communities and marginalized groups. It will provide training in digital literacy and generative AI through various programs such as Skills Accelerator, Technology Partnerships, Apprenticeships, Community Education, and Employee Skilling.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.13%
Tags
none
-
Rhea-AI Summary
Technicolor Creative Studios has chosen Cognizant as its global IT & Digital Transformation partner. Under a 5-year agreement, Cognizant will provide an end-to-end managed service for Technicolor Creative Studios' users, applications, and infrastructure. The solution includes service desk, end user services, application services, infrastructure, network, and platform services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.13%
Tags
none
Rhea-AI Summary
Cognizant has announced a five-year renewal with ISS, a leading workplace experience and facility management company. The collaboration will enable Cognizant to continue helping ISS create efficiencies and enhanced innovation within its financial organization across Northern Europe. Cognizant has successfully delivered an optimized scalable financial and accounting model, consolidating multiple countries and services under one standardized process and system. The partnership has resulted in improved efficiency, reduced costs, and a new control framework to reduce duplication. Cognizant aims to drive continuous innovation and productivity improvements for ISS's financial organization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
Tags
none
-
Rhea-AI Summary
Cognizant and Vianai announce a strategic partnership to accelerate AI offerings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.6%
Tags
partnership AI
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Rhea-AI Summary
Cognizant to announce Q3 2023 results on November 1, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
Tags
earnings
Rhea-AI Summary
Cognizant appoints Jatin Dalal as CFO, effective December 2023. Dalal brings extensive financial expertise from Wipro. CEO confident Dalal will help achieve revenue growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
Tags
management
-
Rhea-AI Summary
Cognizant to help Intrum modernize its technology platform for better credit management services in Europe
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
Tags
none
-
Rhea-AI Summary
Velocity Risk Underwriters implements Guidewire InsuranceNow to launch new products, increase efficiency, and improve profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
Tags
none
Rhea-AI Summary
Velocity Risk Underwriters implements Guidewire InsuranceNow to launch new products, increase efficiency, and improve profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
Tags
none
Cognizant Technology Solutions Corp.

Nasdaq:CTSH

CTSH Rankings

CTSH Stock Data

36.68B
496.38M
0.17%
98.05%
2.11%
Custom Computer Programming Services
Professional, Scientific, and Technical Services
Link
US
Teaneck

About CTSH

cognizant (nasdaq-100: ctsh) is one of the world's leading professional services companies, transforming clients'​ business, operating and technology models for the digital era. our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. headquartered in the u.s., cognizant is ranked 195 on the fortune 500 and is consistently listed among the most admired companies in the world. learn how cognizant helps clients lead with digital at www.cognizant.com or follow us @cognizant.