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Cognizant
🇺🇸 NASDAQ:CTSH
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•
Mar 31, 2020

Cognizant Q1 2020 Earnings Report

Reported a revenue increase of 2.8% (3.5% in constant currency) with strong quarterly signings, amidst a challenging demand environment.

Key Takeaways

Cognizant's Q1 2020 results showed revenue growth of 2.8% to $4.2 billion, with adjusted EPS of $0.96. The company experienced some COVID-19 related disruptions but remains focused on supporting clients and communities.

Revenue increased to $4.2 billion, up 2.8% (3.5% in constant currency) from the year-ago quarter.

GAAP operating margin was 13.7% compared to 13.1% in the year-ago quarter.

Net income was $367 million compared to $441 million in the year-ago quarter.

Quarterly GAAP diluted EPS was $0.67 compared to $0.77 in the year-ago quarter.

Total Revenue
$4.23B
Previous year: $4.11B
+2.8%
EPS
$0.96
Previous year: $0.91
+5.5%
Gross Profit
$1.48B
Previous year: $1.54B
-3.7%
Cash and Equivalents
$3.89B
Previous year: $950M
+309.1%
Free Cash Flow
$385M
Previous year: $163M
+136.2%
Total Assets
$17.4B
Previous year: $16.1B
+8.3%

Cognizant

Cognizant

Cognizant Revenue by Segment

Cognizant Revenue by Geographic Location

Forward Guidance

Given the continued uncertainty around the duration of the COVID-19 pandemic and its impact on our ability to forecast performance, we are not providing guidance at this time.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

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