Cognizant (CTSH) Q1 Earnings Beat Estimates, Revenues Down Y/Y
Cognizant(CTSH) Zacks Investment Research·2024-05-03 00:16
Cognizant Technology Solutions (CTSH) reported first-quarter 2024 non-GAAP earnings of 4.76 billion beat the consensus mark by 0.83%. The top line decreased 1.1% year over year and 1.2% at constant currency (cc). Acquisitions contributed 70 basis points (bps) to top-line growth. On a trailing twelve-month basis, bookings increased 1% year over year to $25.9 billion, which represented a book-to-bi ...