Cognizant reports third quarter 2024 results

Revenue of $5.0 billion, increased 3.0% year-over-year or 2.7% in constant currency1, the high end of our guidance ranges operating margin of 14.6%, sequentially flat and increased 60 basis points year-over-year; year-to-date operating margin of 14.6%, increased 110 basis points year-over-year adjusted operating margin1 of 15.3%, increased 10 basis points sequentially and decreased 20 basis points year-over-year; year-to-date adjusted operating margin of 15.2%, increased 40 basis points year-over-year trailing 12-month bookings of $26.2 billion; book-to-bill of 1.3x strong growth in health sciences, up 7.8% year-over-year or 7.6% in constant currency, and return to growth in financial services, up 0.7% year-over-year, or 0.5% in constant currency full-year 2024 revenue guidance narrowed to growth of 1.4% to 1.9% in constant currency, unchanged at the midpoint full-year 2024 adjusted operating margin guidance of approximately 15.1%, flat year-over-year teaneck, n.j. , oct. 30, 2024 /prnewswire/ -- cognizant (nasdaq: ctsh), one of the world's leading professional services companies, today announced its third quarter 2024 financial results.
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