Cognizant's Q4 2021 results showed strong revenue growth, driven by digital services and recent acquisitions. The company's financial performance reflects its strategic focus on enhancing its digital portfolio and strengthening its international presence.
Q4 revenue reached $4.8 billion, and full-year revenue was $18.5 billion.
Digital revenue experienced substantial growth, with a 20% increase in Q4 and 19% for the full year.
Q4 bookings grew by 22% year-over-year, resulting in a full-year book-to-bill ratio of 1.2x.
The company anticipates full-year 2022 revenue growth between 7.8% and 10.8%.
Cognizant provided revenue and adjusted operating margin and adjusted diluted EPS guidance for Q1 and full year 2022.
Visualization of income flow from segment revenue to net income