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Jun 30, 2021
Cognizant Q2 2021 Earnings Report
Delivered strong results driven by improved demand and digital momentum.
Key Takeaways
Cognizant reported a strong second quarter with revenue of $4.6 billion, a 14.6% year-over-year growth. The company increased its full-year 2021 revenue growth guidance to 10.2-11.2%.
Revenue of $4.6 billion grew 14.6% year-over-year (12.0% in constant currency).
Digital revenue grew approximately 20% year-over-year.
$1.5 billion deployed on acquisitions, share repurchases and dividends year-to-date.
2021 revenue growth guidance increased to 10.2-11.2%, or 9.0-10.0% in constant currency
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
The Company provided the following guidance: •Third quarter revenue is expected to be $4.69-$4.74 billion, or growth of 10.6-11.6% (10.0-11.0% in CC). •Full year 2021 revenue is expected to be $18.4-$18.5 billion, or growth of 10.2-11.2% (9.0-10.0% in CC). •Full year 2021 Adjusted Operating Margin2 is expected to be approximately 15.4%. •Full year 2021 Adjusted Diluted EPS2 is expected to be in the range of $4.00-$4.06.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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