De volledige financiële resultaten en context van de resultaten zijn te vinden in:
Highlights in het Engels:
- Revenue of$4.8 billiongrew 9.7% year-over-year, or 10.9% in constant currency
- Digital revenuegrew 20% year-over-year
- Bookings grew 4% year-over-year, trailing 12-month bookings of$23.4 billion, 1.2x book-to-bill
- Operating cash flow of$306 millionand free cash flowof$186 million
- Full-year 2022 revenue growth guidance 7.2% to 9.2%, or 9.0% to 11.0% in constant currency
"Thanks to our talented employees, we delivered on our first quarter commitments in what is an intensely competitive global labor market," saidBrian Humphries, Chief Executive Officer. "While the economic backdrop is uncertain, we remain optimistic about the demand outlook for our solutions. Our strategic repositioning enables us to engage more deeply with clients, helping them succeed, and supports our growth trajectory."
First Quarter 2022 Performance by Business Segment:
Financial Servicesrevenue grew 4.8% year-over-year, or 6.0% in constant currency. Growth reflects demand for digital services, partially offset by clients' continued focus on cost optimization. InFebruary 2022the sale of the Samlink subsidiary was completed, which negatively impacted segment revenue growth by approximately 130 basis points.
Healthcarerevenue grew 8.1% year-over-year, or 8.8% in constant currency. Growth in the Healthcare segment was driven by increased demand for digital services among life sciences clients, including digitization of clinical trial processes and investments in manufacturing operations modernization.
Products and Resourcesrevenue grew 13.2% year-over-year, or 14.9% in constant currency. Growth was driven by strong client demand for digital services across all industries and included the benefit from recently completed acquisitions.
Communications, Media and Technologyrevenue grew 18.1% year-over-year, or 19.9% in constant currency, reflecting strong demand for data services among digital native companies.
Bookings
Q1 bookings grew 4% year-over-year, which resulted in trailing 12-month bookings of$23.4 billion, which represented a book-to-bill of approximately 1.2x.
Return of Capital to Shareholders
During the first quarter, the Company repurchased 5.0 million shares for$444 millionat an average price of$88.22under its share repurchase program. As ofMarch 31, 2022, there was$1.7 billionremaining under the share repurchase authorization. InMay 2022, the Company declared a quarterly cash dividend of$0.27per share for shareholders of record onMay 20, 2022. This dividend is payable onMay 31, 2022.
"Our first quarter performance reflects strong revenue growth in our digital portfolio and a healthy demand environment. We remain focused on investing to support growth opportunities while also executing on pricing to offset the impact of compensation pressure driven by the continued labor supply-demand imbalance," saidJan Siegmund, Chief Financial Officer. "Our updated 2022 constant currency revenue guidance includes an improved organic revenue growth outlook and a lower inorganic contribution, reflecting a disciplined acquisition strategy."
About Cognizant
Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we're improving everyday life. See how at
www.cognizant.com or
@cognizant.
Cognizant (Nasdaq: CTSH) is een van 's werelds grootsteprofessioneledienstverleners. De organisatie helpt klanten hun business-, operationele en technologiemodellen te transformeren voor het digitale tijdperk. De unieke marktgerichte en adviserende benadering van Cognizant ondersteunt klanten bij het creëren en implementeren van een innovatievere en efficiëntere bedrijfsvoering. Cognizant heeft zijn hoofdkantoor in de VS, staat in de Fortune 500-lijst op nummer 185 en wordt gezien als een van de meest bewonderde bedrijven ter wereld. Lees meer over hoe Cognizant organisaties begeleidt bij het bereiken van digitaal leiderschap op
www.cognizant.com of volg ons via
@Cognizant.
Voor meer persinformatie kunt u contact opnemen met Ingrid van den Nieuwenhof, Iskander de Lange en Sofie Dohmen van TEAM LEWIS:
Tel:+31 40 235 46 00
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