Cognizant Technology Solutions (CTSH) 8-K Cognizant Reports First Quarter 2023 Results

Our accelerated bookings growth in the quarter, which included several large deals, reflects the strengths of our services, our brand, and the longstanding relationships we have with our clients. I am also encouraged by the continuing reduction in our voluntary attrition. Clients recognize how deeply we understand their businesses and how well positioned we are to create value for them at the intersection of technology and industry use cases. Having spent more than three months assessing Cognizant’s business, meeting with over a hundred clients and thousands of employees, I firmly believe Cognizant has a strong foundation for accelerating growth. Q1 2023 Ravi Kumar S | Chief Executive Officer ” Revenue $4.8 billion Reported YoY ê 0.3% Constant Currency YoY é 1.5% GAAP and Adjusted Operating Margin | 14.6% GAAP EPS | $1.14 $3.6$0.9 $0.3 Rest of World 4.9% Revenue by Geography ($ In billions) Reported YoY | Constant Currency YoY Cash Flow Cash Flow From Operations $729M Free Cash Flow $631M Capital Return Q1 2023 Dividend $150M Q1 2023 Share Repurchases $222M $0.29/share Revenue by Segment ($ In billions) Reported YoY | Constant Currency YoY Europe North America 0.9% $1.5 $1.4 $1.1 $0.8 Products & Resources Health Sciences Financial Services Communications, Media & Technology 3.0% 9.7% 0.7% 0.5% 1.2% 3.9% 1.1% 1.4% 3.4% 1.4% 2.9% 3.5% Total Employees 351,500 ” For non-GAAP financial reconciliations refer to Cognizant's 2023 first quarter earnings release issued on May  3, 2023, which accompanies this presentation and is available at investors.cognizant.com. Exhibit 99.2 (3,800) QoQ +11,100 YoY Voluntary - Tech Services Attrition (Trailing 12-Month) 23% é é é é é é é é é é é é é é Adjusted Diluted EPS | $1.11 Employee Metrics Company Recognition Down 7 pts. YoY Named to the Fortune list of America’s Most Innovative Companies 2023 Recognized by Forbes as one of America’s Best Management Consulting Firms in 2023 Recognized as a top employer in Canada and Portugal in LinkedIn’s annual ranking of top companies Named as a Top Employer in Europe by Top Employers Institute for 9th consecutive year