Cognizant has announced results for Q1 2021:
- Revenues were $4,401m, up 4.2% y/y, up 2.4% in CC
- EBIT was $669m, a margin of 15.2%, up 150 bps y/y
- Adjusted income from operations was $669m, a margin of 15.2%, up 5 bps y/y.
Q1 2021 revenue breakdown by vertical (and y/y growth as reported and in CC) was:
- Financial services: $1,458m (+0.5%, -1.7% in CC)
- Healthcare: $1,288m (+7.9%, +7.0% in CC)
- Products & Resources: $998m (+4.6%, +2.4% in CC)
- Comms, Media and Technology: $657m (+5.0%, +3.1% in CC)
Q1 2021 revenue breakdown by geography (and y/y growth as reported and in CC) was:
- North America: $3,283m (+2.9 %, +2.8 in CC)
- Europe: $826m (+6.7%, -0.9% in CC), of which
- U.K: $370m (9.8%, +2.7% in CC)
- Rest of Europe: $458m (+4.3%, -3.7% in CC)
- Rest of the World: $292m (+3.2%, 7.6% in CC).
Quarter-end headcount was 296.5k, a increase during the quarter of ~7.0k.
| Vendor | Cognizant Technology Solutions |
| Initial currency type (specify local currency used) | US$ |
| Period Ending | 2021-03-31 |
| Growth | 4.2 |
| Revenues ((m) in local currency | 4401 |
| Revenues (in $m at that date) | 4401 |