Cognizant Q4 2023 Earnings Financial Results

Cognizant's Q4 2023 earnings report reveals revenue decline of 1.7% year-over-year and adjusted operating margin improvement to 16.1%. The company reported GAAP diluted EPS of $1.11 and adjusted diluted EPS of $1.18, with strong free cash flow of $659M, while advancing its NextGen program and AI-based technology initiatives.