Cognizant reports third quarter 2023 results

Revenue of $4.9 billion increased 0.8% year-over-year, declined 0.2% in constant currency1 record trailing 12-month bookings of $26.9 billion, up 16% year-over-year operating cash flow of $828 million; free cash flow1 of $755 million was ~144% of net income share repurchase expectation for 2023 increased by $200 million to $1 billion full-year 2023 revenue guidance narrowed to (0.7%) to flat, as reported and in constant currency1 full-year 2023 adjusted operating margin1 guidance now ~14.7%, the high end of prior guidance teaneck, n.j. , nov. 1, 2023 /prnewswire/ -- cognizant (nasdaq: ctsh), one of the world's leading professional services companies, today announced its third quarter 2023 financial results.
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