Cognizant has announced results for Q3 2021:

• Revenues were $4,744m, up 11.8% y/y, up 11.0% in CC
• EBIT was $729m, a margin of 15.4%, up 116 bps y/y
• Adjusted income from operations was $749m, a margin of 15.9%, down 12 bps y/y.

Q3 2021 revenue breakdown by vertical (and y/y growth as reported and in CC) was:

• Financial services: $1,544m (+5.1%, +4.3% in CC)
• Healthcare: $1,354m (+10.0%, +9.8% in CC)
• Products & Resources: $1,107m (+19.4%, +18.1% in CC)
• Comms, Media and Technology: $739m (+20.0%, +19.1% in CC)

Q3 2021 revenue breakdown by geography (and y/y growth as reported and in CC) was:

• North America: $3,486m (+9.7%, +9.5% in CC)
• Europe: $914m (+16.9%, +13.7% in CC), of which
  • U.K: $430m (+24.6%, +18.8% in CC)
  • Rest of Europe: $484m (+10.8%, +9.6% in CC)
• Rest of the World: $344m (+16.9%, 21.0% in CC).

Quarter-end headcount was 318.4k, a increase during the quarter of ~17.2k.