Cognizant Technology Solutions: How Are They Expanding Service Portfolio Through Acquisitions? 

Cognizant Technology Solutions recently reported its third quarter earnings for 2024, outlining its financial results and strategic initiatives. For Q3 2024, Cognizant reported revenues of $5 billion, representing a sequential growth of 3.5% in constant currency and a year-over-year increase of 2.7%, boosted partly by acquisitions. The adjusted operating margin improved to 15.3% sequentially, propelled by disciplined cost management despite incremental investments and the effects of an annual merit cycle. The company also saw an adjusted EPS increase of approximately 7% year-over-year.