In the second quarter, we delivered revenue above the high end of our guidance range, expanded adjusted operating margin, and maintained our large deal momentum. Progress against our strategic priorities is opening new opportunities with clients and allowing us to operate with greater agility. We believe our performance this quarter and the improved organic growth outlook for the full-year demonstrate how our execution against these priorities is beginning to translate to our results and support long-term shareholder value. Q2 2024 Ravi Kumar S | Chief Executive Officer ” Revenue $4.9 billion Reported YoY ê 0.7% Constant Currency YoY ê 0.5% GAAP Operating Margin | 14.6% GAAP EPS | $1.14 $3.6$1.0 $0.3 Rest of World 4.2% Revenue by Geography ($ In billions) Reported YoY | Constant Currency YoY Q2 2024 Cash Flow Cash Flow From Operations $262M Free Cash Flow $183M Q2 2024 Capital Return Dividends $150M Share Repurchases $76M $0.30/share Revenue by Segment ($ In billions) Reported YoY | Constant Currency YoY Europe North America 2.0% $1.4 $1.5$1.1 $0.9 Products & Resources Health Sciences Financial Services Communications, Media & Technology 5.5% 5.2% 0.9% 0.9% 1.2% 1.4% 4.3% 4.1% 1.1% 0.8% 1.5% 1.7% Total Employees 336,300 ” (8,100) QoQ (9,300) YoY Voluntary - Tech Services Attrition (Trailing 12-Month) 13.6% é é é é é é é é é é é Adjusted Diluted EPS | $1.17 Employee Metrics Down 6.3 percentage points YoY Adjusted Operating Margin | 15.2% é é For non-GAAP financial reconciliations refer to Cognizant's 2024 second quarter earnings release issued on July 31, 2024, which accompanies this presentation and is available at investors.cognizant.com. Exhibit 99.2 é Acquisition Announced A leading global supplier of Engineering Research & Development (ER&D) services across the commercial aerospace, defense, space, marine and industrial verticals
Cognizant Technology Solutions (CTSH) 8-KCognizant Reports Second Quarter 2024 Results
Filed: 31 Jul 24, 4:03pm