Cognizant Technology Solutions Corporation operates within the Computer programming services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Cognizant Technology Solutions with three other
companies in this sector in UNITED STATES :
sales of $4.52 billion
of which 83%
was Digital workflow products),
of which 100%
was Cloud applications), and
of which 58%
was Managed services arrangement).
During the first
quarter of 2021, sales at Cognizant Technology Solutions totalled
an increase of 4.2%
from the $4.23 billion in sales at the company during the first quarter of 2020.
There appears to be at least some degree of seasonality in the sales at Cognizant Technology Solutions: during 8 of the previous 9
years, sales were highest during the fourth quarter.
The exception to this was during 2020, when the
third quarter was the best quarter, accounting for
25% of sales (during that same year, the
fourth quarter accounted for 25% of sales).
During the year ended December of 2020, sales at
Cognizant Technology Solutions were $16.65 billion.
decrease of 0.8%
versus 2019, when the company's sales were $16.78 billion.
Contributing to the drop in overall sales was the 4.2% decline
in Financial Services, from $5.87 billion to $5.62 billion.
There were also decreases in sales in
Products and Resources (down 2.0% to $3.70 billion)
However, these declines were partially offset by the increase in sales of
Healthcare (up 3.3% to $4.85 billion)
Communications, Media and Technology (up 1.4% to $2.48 billion)