Cognizant has announced results for Q2 2022:

• Revenues were $4,906m, up 7.0% y/y, up 9.5% in CC
• EBIT was $760m, a margin of 15.5%, up 32 bps y/y
• Adjusted income from operations was $760m, a margin of 15.5%, up 32 bps y/y

Q2 2022 revenue breakdown by vertical (and y/y growth as reported and in CC) was:

• Financial services: $1,542m (+2.7%, +5.1% in CC)
• Healthcare: $1,408m (+6.3%, +7.6% in CC)
• Products & Resources: $1,140m (+8.1%, +11.6% in CC)
• Comms, Media and Technology: $816m (+16.1%, +19.5% in CC)

Q2 2022 revenue breakdown by geography (and y/y growth as reported and in CC) was:

• North America: $3,656m (+8.4%, +8.% in CC)
• Europe: $903m (+2.0%, +12.6% in CC), of which
  • U.K: $458m (+13.6%, +24.7% in CC)
  • Rest of Europe: $445m (-7.7%, +2.5% in CC)
• Rest of the World: $347m (+5.8%, +9.5% in CC).

Quarter-end headcount was 341.3k, a increase during the quarter of ~9.0k.