EX-99.2 3 exhibit9929302021.htm EX-99.2 exhibit9929302021
Q3 2021 I’m pleased with our third quarter performance. While the industry faces an unprecedented competition for talent, we attracted a record number of employees to Cognizant, and stayed focused on delivering against our client commitments and our strategic repositioning. We continue to make important investments to ensure Cognizant is well positioned to serve our clients as they embrace digital business models. Brian Humphries | Chief Executive Officer ” Revenue $4.7 billion Reported YoY 11.8% Constant Currency YoY 11.0% Digital revenue up ~18% year- over-year and represents 44% of total revenue, up from 42% in prior year period GAAP Operating Margin | 15.4% GAAP Diluted EPS | $1.03 Adjusted Diluted EPS | $1.06 $3.5 $0.9 $0.3 Rest of World 22.0% Revenue by Geography ($ IN BILLIONS) Reported YoY | Constant Currency YoY Cash Flow Cash Flow From Operations $948M Free Cash Flow $897M Capital Return Q3 2021 Dividend $127M Q3 2021 Share Repurchases $129M $0.24/share Revenue by Segment ($ IN BILLIONS) Reported YoY | Constant Currency YoY Europe North America 21.0% $1.5 $1.4 $1.1 $0.7 Products & Resources Healthcare Financial Services Communications, Media & Technology 16.9% 13.7% 9.7% 9.5% 20.0% 19.1% 19.4% 18.1% 5.1% 4.3% 10.0% 9.8% Total Employees 318,400 Voluntary Annualized Attrition 33% ” For non-GAAP financial reconciliations refer to Cognizant's 2021 third quarter earnings release issued on October  27, 2021, which accompanies this presentation and is available at investors.cognizant.com. Exhibit 99.2 Acquisitions Announced in Q3 2021 COMPANY DIGITAL BATTLEGROUND IoT Software Engineering Adjusted Operating Margin | 15.8% +17,200 Q/Q +35,300 Y/Y Cognizant Commits to Net Zero Emissions by 2030