Cognizant

Q2 Results Q/Q Comparison

  • Revenue increased 9% to $3.67B
  • GAAP Diluted EPS increased 95% to $0.80
    • Adjusted EPS increased 7% to $0.93
  • GAAP Net income increased 86% to $470M
    • Adjusted net income (from operations) increased 8% to $735M
  • Adjusted operating margin of 20.0%, down from 20.3%
  • Revenue by segment:
    • Financial Services (38% of total revenue) increased 4%
    • Healthcare (29% of total revenue) increased 10%
    • Products and Resources (20% of total revenue) increased 13%
    • Communications, Media and Technology (13% of total revenue) increased 17%
  • Revenue by Geography:
    • North America (78% of total revenue) increased 9%
    • Europe (16% of total revenue) increased 6%
    • Rest of World (6% of total revenue) increased 21%
  • Net cash of $3.4B
  • Entered into an accelerated share repurchase agreement for $1.5B (ends in Q3)
  • Raised full-year 2017 adjusted EPS guidance to at least $3.67

Stock Price: $71
Market Capitalization: $42 billion

August 3, 2017

 

 

 


 


 

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