Cognizant q3 results 2013 date

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If you have not, a Analyse technique. Dirigeants et Administrateurs. Secteur et Concurrence. Autres langues. Publications officielles. Analyses Zonebourse. La baisse mensuelle de l'inflation et l'augmentation des paris sur le ralentissement de.. Cognizant nomme Ravi Kumar S comme membre du Conseil d'administration.

CTSH earnings and revenue history. Current Revenue. Current Earnings. Current Profit Margin. CTSH's has demonstrated consistent long-term Current Company. Current Industry. Current Market. Be the first to know when CTSH announces earnings. CTSH is generating higher Return CTSH has gotten more efficient CTSH earnings dates. Next earnings date Jan 31, If you're new to stock investing, here's how to buy Cognizant Technology Solutions stock.

As of Q1 , Cognizant Technology Solutions's earnings has grown This is

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Read Today's Paper. Rate Story. Font Size Abc Small. Abc Medium. Abc Large. Financial services and products and services saw decline in revenue, but the healthcare segment grew during the quarter. Currency Converter. Live Stream! Technicals Technical Chart. The Economic Times daily newspaper is available online now. Read Today's Paper. Rate Story. Font Size Abc Small. Abc Medium. Abc Large. New Delhi: IT major Cognizant has reported about The US-based company, which posted a net income of USD million in September quarter, said the talent demand-supply imbalance in the industry remains "particularly acute" and that its third quarter voluntary attrition inched up to 33 per cent on an annualised basis, or 24 per cent on a trailing month basis.

Cognizant's revenue was about 12 per cent higher at USD 4. It had forecast its third quarter revenue to be in the range of USD 4. Cognizant - which has about 2 lakh employees based in India - follows January-December as financial year. Bookings growth, a key leading indicator, accelerated to 24 per cent y-o-y growth in the third quarter," Cognizant Chief Executive Officer Brian Humphries said during the investor call.

Monday, 16 Jan, Read Complete Print Edition ». Steps to Push Private Investment, Capex Support on Budget Agenda Measures to encourage private investment, capital expenditure support to the economy, and some fresh social sector initiatives through new centrally sponsored schemes are likely to be the key themes in the upcoming budget.

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These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

Factors that could cause actual results to differ materially from those expressed or implied include general economic conditions, the competitive and rapidly changing nature of the markets we compete in, the competitive marketplace for talent and its impact on employee recruitment and retention, legal, reputational and financial risks resulting from cyberattacks, the impact of and effectiveness of business continuity plans during the COVID pandemic, risks related to the invasion of Ukraine by Russia , changes in the regulatory environment, including with respect to immigration and taxes, and the other factors discussed in our most recent Annual Report on Form K and other filings with the Securities and Exchange Commission.

Cognizant undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities law. These non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles and should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP, and may be different from non-GAAP financial measures used by other companies.

Our non-GAAP financial measure Adjusted Diluted EPS excludes unusual items, such as the Class Action Litigation Settlement in the third quarter of and the effect of recognition in the third quarter of of an income tax benefit related to a specific uncertain tax position that was previously unrecognized in our prior year consolidated financial statements, net non-operating foreign currency exchange gains or losses and the tax impact of all the applicable adjustments.

The income tax impact of each item excluded from Adjusted Diluted EPS is calculated by applying the statutory rate and local tax regulations in the jurisdiction in which the item was incurred. Free cash flow is defined as cash flows from operating activities net of purchases of property and equipment. Net cash is defined as cash and cash equivalents and short-term investments less short-term and long-term debt.

Constant currency revenue growth is defined as revenues for a given period restated at the comparative period's foreign currency exchange rates measured against the comparative period's reported revenues. Management believes providing investors with an operating view consistent with how we manage the Company provides enhanced transparency into our operating results.

For our internal management reporting and budgeting purposes, we use various GAAP and non-GAAP financial measures for financial and operational decision-making, to evaluate period-to-period comparisons, to determine portions of the compensation for our executive officers and for making comparisons of our operating results to those of our competitors.

Accordingly, we believe that the presentation of our non-GAAP measures, which exclude certain costs, when read in conjunction with our reported GAAP results, can provide useful supplemental information to our management and investors regarding financial and business trends relating to our financial condition and results of operations. A limitation of using non-GAAP financial measures versus financial measures calculated in accordance with GAAP is that non-GAAP financial measures do not reflect all of the amounts associated with our operating results as determined in accordance with GAAP and may exclude costs that are recurring such as our net non-operating foreign currency exchange gains or losses.

In addition, other companies may calculate non-GAAP financial measures differently than us, thereby limiting the usefulness of these non-GAAP financial measures as a comparative tool. Bookings are defined as total contract value or TCV of new contracts, including new contract sales as well as renewals and expansions of existing contracts. Bookings can vary significantly quarter to quarter depending in part on the timing of the signing of a small number of large contracts.

Our book-to-bill ratio is defined as bookings for the trailing twelve months divided by revenue for the same period. Measuring bookings involves the use of estimates and judgments and there are no independent standards or requirements governing the calculation of bookings. The extent and timing of conversion of bookings to revenues may be impacted by, among other factors, the types of services and solutions sold, contract duration, the pace of client spending, actual volumes of services delivered as compared to the volumes anticipated at the time of sale, and contract modifications, including terminations, over the lifetime of a contract.

The majority of our contracts are terminable by the client on short notice often without penalty, and some without notice. We do not update our bookings for subsequent terminations, reductions or foreign currency exchange rate fluctuations. Information regarding our bookings is not comparable to, nor should it be substituted for, an analysis of our reported revenues. However, management believes that it is a key indicator of potential future revenues and provides a useful indicator of the volume of our business over time.

We disclose digital revenue as management believes it provides additional insights into the Company's business.

Measuring digital revenue requires the use of estimates and judgement, there are no independent standards or requirements governing the calculation and our calculation may differ from the calculations underlying similar such metrics disclosed by other companies. In the first quarter of , we modified our definition of digital revenue to reflect our latest assessment of digital skills, growth priorities and pricing initiatives. Cost of revenues exclusive of depreciation and amortization expense shown separately below.

Effect of recognition of income tax benefit related to an uncertain tax position d. In the third quarter of , the parties to the consolidated putative securities class action suit filed a settlement agreement that resolved the consolidated putative securities class action against us and certain of our former officers. Non-operating foreign currency exchange gains and losses, inclusive of gains and losses on related foreign exchange forward contracts not designated as hedging instruments for accounting purposes, are reported in "Foreign currency exchange gains losses , net" in our unaudited consolidated statements of operations.

Non-operating foreign currency exchange gains and losses are subject to high variability and low visibility and therefore cannot be provided on a forward-looking basis without unreasonable efforts. Presented below are the tax impacts of each of our non-GAAP adjustments to pre-tax income for the three and nine months ended September The effective tax rate related to non-operating foreign currency exchange gains and losses varies depending on the jurisdictions in which such income and expenses are generated and the statutory rates applicable in those jurisdictions.

As such, the income tax effect of non-operating foreign currency exchange gains and losses shown in the above table may not appear proportionate to the net pre-tax foreign currency exchange gains and losses reported in our unaudited consolidated statements of operations.

The recognition of the benefit in the third quarter of was based on management's reassessment regarding whether this unrecognized tax benefit met the more-likely-than-not threshold in light of the lapse in the statute of limitations as to a portion of such benefit.

Constant currency revenue growth is not a measure of financial performance prepared in accordance with GAAP.

The sale of the Samlink subsidiary, which was completed on February 1, , negatively impacted revenue growth for the three months ended September 30, in Financial Services, Continental Europe and Europe-Total by basis points, basis points and basis points, respectively. For the nine months ended September 30, , revenue growth was negatively impacted in Financial Services, Continental Europe and Europe-Total by basis points, basis points and basis points, respectively.

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Notes: a Constant currency revenue growth is not a measure of financial performance prepared in accordance with GAAP. Recommended Stories. Motley Fool. Investor's Business Daily. The Telegraph. The Wall Street Journal. Fox Business. Insider Monkey.

Yahoo Finance. Q3 Revenue in billions. Adjusted Operating Margin 1. Adjusted Diluted EPS 1. Investor Relations Contact:. Media Contact:. Tyler Scott. Jeff DeMarrais. VP, Investor Relations. VP, Corporate Communications. Three Months Ended September 30,. Nine Months Ended September 30,. Operating expenses:. Selling, general and administrative expenses. Depreciation and amortization expense. Income from operations.

Other income expense , net:. Interest income. Interest expense. Foreign currency exchange gains losses , net. Other, net. Total other income expense , net. Income before provision for income taxes. Provision for income taxes. Income loss from equity method investment.

Net income. Basic earnings per share. Diluted earnings per share. Weighted average number of common shares outstanding - Basic. Crypto TV. Expert Speak. Commodities Views News. Forex Forex News. Currency Converter. Live Stream! Technicals Technical Chart. The Economic Times daily newspaper is available online now. Read Today's Paper. Rate Story. Font Size Abc Small. Abc Medium. Abc Large. Financial services and products and services saw decline in revenue, but the healthcare segment grew during the quarter.

The Teaneck, New Jersey-based technology services provider follows a January to December fiscal year. Tuesday, 17 Jan, Read Complete Print Edition ». India to Lead A-Pac in Average Pay Hike Employees in India are expected to get the highest average salary increments in the Asia-Pacific region this year, according to a survey, as companies face a shortage of talent and the local economy remains more insulated than others from global shocks.

Also, ETMarkets. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds. Pick the best stocks for yourself. Powered by. View More Stories. Subscribe to ETPrime. Browse Companies:. Find this comment offensive? This will alert our moderators to take action Name Reason for reporting: Foul language Slanderous Inciting hatred against a certain community Others.