tiprankstipranks
Cognizant Reports Strong Q3 2024 Financial Results
Company Announcements

Cognizant Reports Strong Q3 2024 Financial Results

Stay Ahead of the Market:

The latest announcement is out from Cognizant ( (CTSH) ).

Cognizant’s Q3 2024 results highlight a revenue increase to $5 billion, driven by robust performance in Health Sciences and Financial Services. The company achieved a 14.6% operating margin and improved adjusted EPS by more than 7% year-over-year. Strategic investments in AI platforms and the acquisition of Belcan have bolstered Cognizant’s capabilities, positioning it for sustained growth. Full-year 2024 revenue is projected to grow by up to 2.1%, with a steady adjusted operating margin.

See more data about CTSH stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles