EX-99.2 3 exhibit9929302023.htm EX-99.2 exhibit9929302023
We strengthened the company’s fundamentals during the third quarter as reflected in higher customer satisfaction scores, significantly lower voluntary attrition, and continued growth in bookings, despite ongoing economic uncertainty. We are investing to put Cognizant in the best position to serve clients as they strive to reduce costs, digitally transform their businesses and embrace generative AI. Q3 2023 Ravi Kumar S | Chief Executive Officer ” Revenue $4.9 billion Reported YoY é 0.8% Constant Currency YoY ê 0.2% GAAP Operating Margin | 14.0% GAAP EPS | $1.04 $3.6$1.0 $0.3 Rest of World 6.8% Revenue by Geography ($ In billions) Reported YoY | Constant Currency YoY Year-to-Date Cash Flow Cash Flow From Operations $1,593 Free Cash Flow $1,354 Year-to-Date Capital Return Dividends $445M Share Repurchases $751M $0.87/share Revenue by Segment ($ In billions) Reported YoY | Constant Currency YoY Europe North America 3.4% $1.5 $1.4 $1.2 $0.8 Products & Resources Health Sciences Financial Services Communications, Media & Technology 9.7% 3.0% 0.6% 0.6% 8.2% 7.3% 1.9% 0.6% 3.0% 4.0% —% (0.8)% Total Employees 346,600 ” For non-GAAP financial reconciliations refer to Cognizant's 2023 third quarter earnings release issued on November 1, 2023, which accompanies this presentation and is available at investors.cognizant.com. Exhibit 99.2 +1,000 QoQ (2,800) YoY Voluntary - Tech Services Attrition (Trailing 12-Month) 16.2% é é é é é é é é é é é Adjusted Diluted EPS | $1.16 Employee Metrics Down 13 pts. YoY Adjusted Operating Margin | 15.5% é é Announcements & Recognition é Named to Forbes' America's Best Employers in the State of New Jersey for 2023 Named to Forbes' World's Best Employers 2023 Opened AI Innovation Hub in London in partnership with Google Recognized by Pegasystems' as winner of Pega Industry Excellence Award in Telecommunications Recognized as Automation Anywhere Innovation Solutions Partner of the Year 2023 - North America