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A Look at Cognizant’s Capital Return and Realignment Program

A Look at Cognizant’s Capital Return and Realignment Program

Cognizant Technology Solutions’ (CTSH) digital revenue rose 27% YoY (year-over-year) in 1Q18, and it now accounts for 29% of the company’s total revenue. This business segment also generated above-average profit margins in 1Q18. Cognizant is on track to achieve a non-GAAP (generally accepted accounting principles) operating margin of 21% in 2018, and it expects this figure to reach 22% by the end of 2019.