Cognizant (CTSH) Tops Q1 EPS by 4c; Guides Modestly Below the Street

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COGNIZANT REPORTS FIRST QUARTER 2022 RESULTS

May 4, 2022 4:01 PM EDT

Revenue of $4.8 billion grew 9.7% year-over-year, or 10.9% in constant currency1Digital revenue1 grew 20% year-over-yearBookings grew 4% year-over-year, trailing 12-month bookings of $23.4 billion, 1.2x book-to-billOperating cash flow of $306 million and free cash flow1 of $186 millionFull-year 2022 revenue growth guidance 7.2% to 9.2%, or 9.0% to 11.0% in constant currency

TEANECK, N.J., May 4, 2022 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), one of the world's leading professional services companies, today announced its first quarter 2022 financial results.

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