Loading...
•
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.
Revenue by Segment
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...