mecwacare and Cognizant embark on multi-year relationship to drive innovation and enhance experiences for mecwacare's workforce, clients and their families. SYDNEY and TEANECK, N.J., Sept. 18, 2024 /PRNewswire/ -- mecwacare, a Victorian aged care and community services provider, has announced a complete transformation. In collaboration with Cognizant (Nasdaq: CTSH), a global leader in technology and professional services, mecwacare aims to drive innovation, expanding its healthcare services and enhancing ex ...

Partnership will see Cognizant implement digital products and data capabilities with the goal of enhancing and expanding fan and player engagementLONDON, Sept. 17, 2024 /PRNewswire/ -- The England and Wales Cricket Board (ECB) and Cognizant (Nasdaq: CTSH) have announced a partnership which is set to offer recreational cricket fans, players and volunteers an improved digital experience as part of the national cricket governing body's ongoing digital transformation.As the Official Digital Technology Transform ...

Agreement aims to enhance quality assurance operational efficiency and improve user experience across 26 public service apps for Danish Municipal IT solutionsCOPENHAGEN, Denmark, Sept. 12, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced its deal with KOMBIT, a municipally owned IT company responsible for strategically operating critical IT solutions for 98 Danish municipalities. As Denmark increasingly prioritizes modern and efficient IT solutions, the collaboration between Cognizant and KOMBI ...

Mikhail Sheleh Thesis Cognizant Technology Solutions Corporation's (NASDAQ:CTSH) financial performance may be on the verge of an inflection point, resulting from the company's focus on industries with promising trends in demand for digital services and transformation. Despite prevailing concerns about AI potentially disrupting the enterprise software industry, Cognizant's recent operational performance and broader industry trends indicate that demand for specialised support and services remains ongoing. Con ...

TEANECK, N.J., Sept. 4, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, today announced a presentation at the following investor conference: Goldman Sachs Communacopia + Technology ConferencePresenter: Jatin Dalal, Chief Financial Officer Date: Wednesday, September 11, 2024  Time: 10:10AM PST / 1:10PM EST  A live audio webcast of the presentation will be available at Cognizant's website: http://investors.cognizant.com A ...

A month has gone by since the last earnings report for Cognizant (CTSH) . Shares have added about 1.1% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Cognizant due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Cognizant Q2 Earnings Beat Estimates, Revenues Down Y/Y ...

TROY, Mich., Aug. 26, 2024 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Cognizant Technology Solutions Corp. (NASDAQ: CTSH) as its "Stock to Study" and Brown-Forman Corp. (NYSE: BFB) as its "Undervalued Stock" in the November 2024 issue for investors' informational and educational use.Over fifty years ago, the founding father of the National Association of Investors (NAIC), George A. Nicholson Jr. CFA, said the following, which still ring ...

Have you been paying attention to shares of Cognizant (CTSH) ? Shares have been on the move with the stock up 11.7% over the past month. The stock hit a new 52-week high of $80.27 in the previous session. Cognizant has gained 1% since the start of the year compared to the 18.2% move for the Zacks Computer and Technology sector and the 9.2% return for the Zacks Business - Software Services industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn ...

Cognizant Technology Solutions (CTSH) reported non-GAAP earnings of $1.17 per share in second-quarter 2024, which beat the Zacks Consensus Estimate by 4.46% and increased 6.4% year over year.Revenues of $4.85 billion beat the consensus mark by 0.91%. The top line dropped 0.7% year over year and 0.5% at constant currency (cc). Acquisitions contributed 60 basis points (bps) to top-line growth.On a trailing twelve-month basis, bookings increased 5% year over year to $26.2 billion, which represented a book-to-b ...

财务数据和关键指标变化 - 第二季度收入为48.5亿美元,超出了指导范围的高端,并以恒定货币计算环比增长2.1% [14] - 调整后的营业利润率为15.2%,环比增加10个基点,同比增加100个基点 [14] - 技术服务自愿离职率为13.6%,低于去年同期近20% [14] - 第二季度订单增长5%,过去12个月订单额为262亿美元,订单增长率为1.4倍 [15] - 第二季度自由现金流为1.83亿美元,主要反映了季节性 [53] 各条业务线数据和关键指标变化 - 金融服务业务环比增长5%,主要受益于美洲地区的增长 [16][17] - 医疗保健业务环比增长3%,受益于医疗支付人和医疗服务提供商对降低医疗成本的关注 [18] - 产品与资源业务环比略有下降,受到客户的可支配支出压力 [48] - 通信、媒体和技术业务同比有所增长,得益于最近完成的收购 [49] 各个市场数据和关键指标变化 - 北美地区业务增长良好,得益于过去几个季度大单的增长 [49] - 欧洲等其他地区的可支配支出疲软 [49] - 其他地区业务环比实现增长,得益于最近赢得的大单和新客户以及良好的新机会管道 [49] 公司战略和发展方向及行业竞争 - 公司正在通过收购Belcan拓展工程研发(ER&D)服务能力,进军高增长的航空航天和国防行业 [24][25] - 推出了新的综合业务Cognizant Moment,专注于下一代体验服务,利用生成式AI提供创意内容和个性化 [26] - 正在加大对生成式AI的投入,目前已有750个早期客户参与,并有600个机会在管道中 [32][33] - 正在与AWS等合作伙伴建立生态系统,共同为客户提供生成式AI解决方案 [35][36] 管理层对经营环境和未来前景的评论 - 尽管需求环境仍具挑战性,但公司坚持执行去年制定的战略优先事项,取得了良好的业绩 [12][13] - 公司正在持续改善运营效率,包括通过NextGen计划实现成本优化,为增长投资提供资金 [51] - 对未来保持乐观,将继续专注于收入增长、成为行业内最佳雇主以及简化运营 [40] 其他重要信息 - 公司被《新闻周刊》评为美国最佳工作场所和最佳新人才起点 [22] - 公司在印度小城市开设新办公室,致力于将办公地点靠近员工 [22] - 公司的Bluebolt创新项目已产生21万个创意点子 [22] - 客户项目层面的净推荐值(NPS)自2021年以来持续提升,本季度创历史新高 [22] 问答环节重要的提问和回答 问题1 **Jim Schneider 提问** 询问生成式AI项目的进展,包括从概念验证到生产应用的情况 [62] **Ravi Kumar 回答** 公司目前有750个生成式AI早期参与项目,但只有少量进入生产应用,主要受制于数据架构、云基础设施等因素 [63][64][65] 公司正在通过自有AI平台帮助客户为生产应用做好准备,目前已有200多个客户使用 [66][67] 问题2 **Bryan Bergin 提问** 询问Belcan收购对公司利润率的影响,以及协同效应的实现时间 [75] **Jatin Dalal 回答** 公司将在完成收购后更新业绩指引,目前没有新的数据更新,之前公布的40个基点利润率影响和3年内100多万美元协同效应目标不变 [80] 问题3 **Rod Bourgeois 提问** 询问航空航天和汽车行业需求是否疲软,以及公司收购Belcan的考虑 [98] **Ravi Kumar 回答** 公司在汽车行业看到强劲需求,收购Belcan是看好未来10年制造业数字化转型的机会,相信能为公司带来新的增长动力 [104][105][106]