Cognizant Technology Solutions Corporation · NASDAQ:CTSH
Cognizant Technology Solutions — Q3 2018 Earnings Presentation
12 slides from Cognizant Technology Solutions's earnings presentation, Oct 30, 2018
Slide 1: Helping Clients Win with Digital
Helping Clients Win with Digital Third Quarter 2018 Earnings Supplement October 30, 2018 Cognizant ©2018 All rights reserved.
Slide 2: Forward Looking Statements and Non-GAAP Financial Measures
Forward Looking Statements and Non-GAAP Financial Measures This earnings supplement includes statements which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject t
Slide 3: A Leader in Helping Today's Leading Companies Adapt to the Digital Era
A Leader in Helping Today’s Leading Companies Adapt to the Digital Era The right capabilities to help clients transform at every level of their enterprises • Deep digital and industry expertise at the scale required to transform the • Long-term, trusted client relationships helping to design and man
Slide 4: Continued Momentum Through 3Q18
Continued Momentum Through 3Q18 Revenue1 3Q18 Highlights1 $4.08B Revenue: $3.77B • 3Q18 Revenue of $4.08B increased 8.3% Y/Y and is within our guided range • Includes a negative foreign currency impact of 70 basis points • Digital revenue grew in the low 20% range, well above company average and 3Q1
Slide 5: Steady Execution and Progress
Steady Execution and Progress Revenues by Segment ($M) 3Q18 Y/Y Chg. Revenues by Geography ($M) 3Q18 Y/Y Chg. Financial Services $ 1,464 2.6% North America $ 3,107 7.5% Healthcare 1,189 9.6% Europe 723 15.1% Products and Resources 863 11.5% Rest of World 248 0.4% Communications, Media and Technology
Slide 6: Supporting Metrics Demonstrate Continued Progress and Areas of Focus
Supporting Metrics Demonstrate Continued Progress and Areas of Focus Customers and Revenue Insights Balance Sheet Strategic Customers: Remains Very Healthy: • 7 new strategic customers added, bringing total to 378 • $4.8B in cash and short-term investments1 Revenue by Solution: • Strong cash generat
Slide 7: Key Takeaways and Guidance
Key Takeaways and Guidance 3Q18 Key Takeaways • Results demonstrate continued strength and confidence in our execution, strategy and ongoing shift to digital • Recent acquisitions further enhance our digital capabilities • Non-GAAP operating margin expansion reflects strong operational execution • R
Slide 8: Appendix: Reconciliation of Non-GAAP Financial Measures
Appendix: Reconciliation of Non-GAAP Financial Measures Cognizant ©2018 All rights reserved. Cognizant ©2018 All rights reserved.
Slide 9: Reconciliations of Non-GAAP Financial Measures
Reconciliations of Non-GAAP Financial Measures To supplement our financial results presented in accordance with GAAP, this earnings supplement includes references to the following measures defined by the Securities and Exchange Commission as non-GAAP financial measures: non-GAAP operating margin and
Slide 10: Reconciliations of Non-GAAP Financial Measures
Reconciliations of Non-GAAP Financial Measures Unaudited Three Months Ended Nine Months Ended Guidance (dollars in millions, except per share amounts) September 30, September 30, 2018(a) 2017(a) 2018(a) 2017(a) Q4 2018 Full Year 2018 GAAP income from operations $ 745 $ 648 $ 2,108 $ 1,824 Add: Stock
Slide 11: Reconciliations of Non-GAAP Financial Measures
Reconciliations of Non-GAAP Financial Measures Notes: a) On January 1, 2018, we adopted the New Revenue Standard using the modified retrospective method. Results for reporting periods beginning after January 1, 2018 are presented under the New Revenue Standard, while prior period amounts are not adj
Slide 12: Reconciliations of Non-GAAP Financial Measures
Reconciliations of Non-GAAP Financial Measures f) Non-operating foreign currency exchange gains or 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 (loss
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