Cognizant Technology Solutions (CTSH) Revenue — Quarter Ended Sep 30, 2024
Revenue increased in the current quarter compared to the prior quarter. Revenue also rose compared to the same quarter one year earlier.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased in the current quarter compared to the prior quarter. Revenue also rose compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5B
Revenue reported for this quarter.
Quarter-over-quarter
+4.0%
Change from the immediately preceding quarter.
Year-over-year
+3.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$19.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $4.8B | -1.7% |
| Mar 31, 2024 | $4.8B | -1.1% |
| Jun 30, 2024 | $4.9B | -0.7% |
| Sep 30, 2024 | $5B | +3.0% |
Revenue performance
The reported revenue direction is upward, reflecting growth from the immediately preceding quarter.
Quarterly comparison
Compared to the immediately preceding quarter, revenue improved. Compared to the same quarter one year earlier, revenue also increased.
What to watch
The filing context notes a payment related to a dispute with the ITD, which may affect cash flows.