Cognizant reports second quarter 2024 results

Revenue of $4.9 billion, above the high end of our guidance range; sequentially increased 1.9%, or 2.1% in constant currency1 operating margin of 14.6%, up from 11.8% in the second quarter of 2023, and adjusted operating margin1 of 15.2%, which expanded 100 basis points year-over-year trailing 12-month bookings of $26.2 billion; book-to-bill of 1.4x third quarter of 2024 revenue guidance of flat to 1.5% year-over-year growth in constant currency full-year 2024 revenue guidance narrowed to a decline of 0.5% to growth of 1.0% in constant currency, an increase at the midpoint full-year 2024 adjusted operating margin guidance unchanged at 15.3-15.5%, representing year-over-year expansion of 20 to 40 basis points teaneck, n.j. , july 31, 2024 /prnewswire/ -- cognizant (nasdaq: ctsh), one of the world's leading professional services companies, today announced its second quarter 2024 financial results.
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