Cognizant Technology Solutions Corporation
CTSH-
Cognizant Technology Solutions Corp dropped 1.9% to $82.01 after the IT consulting and outsourcing company reported lower-than-expected profit in the fourth quarter ending in December.
Revenue increased to $5.08 billion from $4.76 billion, net income declined to $546 million from $558 million, and earnings per diluted share fell to $1.10 from $1.11 a year ago.
Order bookings in the fourth quarter increased 11% from a year ago.
The company’s health sciences segment surged 10.4% to $1.54 billion, products and resources was up 11.3% to $1.29 billion, financial services jumped 2.8% to $1.43 billion, and communications, media, and technology was up 0.4% to $811 million.
Sales in North America jumped 3.1%, while U.K. sales were down 5.1%.
For the current quarter, the company estimated revenue growth of 6.5% to 8% in the range of $5.0 billion to $5.1 billion in constant currency.
Full-year 2025 revenue is expected to increase by 3.5% to 6% from $20.3 billion to $20.8 billion, and earnings per share are expected to be between $4.90 and $5.06.
Cognizant repurchased 1.8 million shares for $140 million during the fourth quarter, and as of December 31, there was $1.2 billion remaining under its share repurchase authorization.
The company proposed a quarterly cash dividend increase of 3% to 31 cents per share, payable on February 26 to shareholders of record on February 18.
Feb 6, 2025
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| Trading Volume | 169,984 |
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79.82 - 63.30 |
| Market Cap Full | $ 38.6B |
Quarterly +
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Q1 | -0.7% | -3.1% | 6.5% | 2.2% |
| Q2 | - | -5.2% | 7.1% | -25.6% |
| Q3 | - | 13.9% | 3.8% | -14.9% |
| Q4 | - | -0.4% | 11.5% | -0.4% |
Monthly +
| J | F | M | A | M | J | J | A | S | O | N | D |
| 2025 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.7 | - | - | - | - | - | - | - | - | - | - | - |
| 2024 | |||||||||||
| 2.1 | 2.5 | -7.3 | -10.3 | 0.7 | 2.8 | 13.2 | 1 | -0.7 | -4.5 | 8.9 | -4.2 |
| 2023 | |||||||||||
| 16.7 | -6.2 | -2.7 | -2 | 4.7 | 4.5 | 1.2 | 8.5 | -5.4 | -4.8 | 9.2 | 7.3 |
| 2022 | |||||||||||
| -4.8 | 1.9 | 5.3 | -9.3 | -9.1 | -9.7 | -0.7 | -5.7 | -9.1 | 7.9 | 0.4 | -8.1 |
| 2021 | |||||||||||
| -3.8 | -4.9 | 6.4 | 1.9 | -10.8 | -3.4 | 6.2 | 3.8 | -2.8 | 5.2 | 1 | 12.5 |
| 2020 | |||||||||||
| -1 | -0.4 | -23.7 | 24.9 | -8.3 | 7.2 | 20.2 | -1.8 | 3.8 | 2.9 | 8.9 | 4.2 |
EPS
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Q1 | 1.1 | 1.1 | 1 | 0.7 |
| Q2 | 0.9 | 1.1 | 1 | 0.7 |
| Q3 | 1 | 1.2 | 1 | 0.6 |
| Q4 | 0 | 1 | 1.1 | 0.6 |
| A | 3.09 | 4.4 | 4.1 | 2.6 |