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0:00 / 0:00I. Business and Strategic Focus
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Cognizant's 2023 Revenue Dips 0.4%, Operating Margin Down 140 Bps Amid Restructuring & AI Focus

CTSH10-KFiling Date: 2/14/2024
Cognizant Technology Solutions Corporation
Description

What this story covers

Cognizant's 2023 revenue declined slightly by 0 point 4 percent to 19 point 35 billion dollars, with operating margin down 140 basis points to 13 point 9 percent due to higher compensation and restructuring costs. Despite this, they maintain healthy liquidity and a strategic focus on AI and acquisitions.

Story snapshot

CompanyCognizant Technology Solutions Corporation
TickerCTSH
VariantStandard detailed
Duration23:21
Filing type10-K
PeriodAnnual 2023
IndustryProfessional & Business Services
Accession0001058290-24-000017

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