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.
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