Cognizant Q3 revenue rises 3.0% to $5.04 billion; GAAP EPS $1.17 vs $1.04
Cognizant reported third-quarter 2024 revenue of $5.04 billion, up 3.0% from a year earlier, with GAAP diluted EPS of $1.17 compared with $1.04. The company narrowed its full-year 2024 revenue growth guidance to 1.4% to 1.9% in constant currency, with the midpoint unchanged, and kept its full-year Adjusted Diluted EPS guidance at $4.63 to $4.67.
Key points
- Q3 2024 revenue $5.04 billion vs $4.90 billion a year earlier; Adjusted Diluted EPS $1.25 vs $1.16
- Adjusted Operating Margin 15.3%, down 20 basis points year-over-year; GAAP operating margin 14.6%, up 60 basis points
- Trailing 12-month bookings declined 2% to $26.2 billion; Q3 bookings were flat year-over-year
- Acquisition of Belcan completed in the third quarter for approximately $1.3 billion in cash and stock
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.