Cognizant has announced results for Q1 2022:
- Revenues were $4,826m, up 9.7% y/y, up 10.9% in CC
- EBIT was $724m, a margin of 15.0%, up 20 bps y/y
- Adjusted income from operations was $724m, a margin of 15.0%, up 20 bps y/y
Q1 2022 revenue breakdown by vertical (and y/y growth as reported and in CC) was:
- Financial services: $1,528m (+4.8%, +6.0% in CC)
- Healthcare: $1,392m (+8.1%, +6.6% in CC)
- Products & Resources: $1,130m (+13.2%, +14.9% in CC)
- Comms, Media and Technology: $776m (+16.1%, +19.9% in CC)
Q1 2022 revenue breakdown by geography (and y/y growth as reported and in CC) was:
- North America: $3,569m (+8.7%, +8.7% in CC)
- Europe: $912m (+10.4%, +15.6% in CC), of which
- U.K: $453m (+22.4%, +26.4% in CC)
- Rest of Europe: $459m (+0.7%, +6.8% in CC)
- Rest of the World: $345m (+18.2%, 22.1% in CC).
Quarter-end headcount was 340.4k, a increase during the quarter of ~9.2k.
| Vendor | Cognizant Technology Solutions |
| Initial currency type (specify local currency used) | US$ |
| Period Ending | 2022-03-31 |
| Growth | 9.7 |
| Revenues ((m) in local currency | 4826 |
| Revenues (in $m at that date) | 4826 |