Cognizant Technology Non-GAAP EPS of $1.11 beats by $0.06, revenue of $4.8B beats by $70M
Cognizant Technology press release (NASDAQ:CTSH): Q1 Non-GAAP EPS of $1.11  beats by $0.06.
Revenue of $4.8B (flat Y/Y)  beats by $70M.
Record trailing 12-month bookings of $25.6 billion; Q1 bookings growth of 28% year-over-year
2023 revenue growth guidance of (1.2%) to 0.8%, or (1.0%) to 1.0% in constant currency

Total headcount at the end of the first quarter was 351,500, a decrease of 3,800 from Q4 2022 and an increase of 11,100 from Q1 2022. Voluntary attrition - Tech Services on a trailing-twelve-month basis, declined to 23% from 26% in Q4 2022 and 30% in Q1 2022.

Second Quarter and Full-Year 2023 Guidance

Second quarter revenue is expected to be $4.83 - $4.88 billion vs $4.86B consensus, a decline of 0.6% to 1.6%, or a decline of 1.0% to flat in constant currency.
Full-year 2023 revenue is expected to be $19.2 - $19.6 billion, or a decline of 1.2% to growth of 0.8%, or a decline of 1.0% to growth of 1.0% in constant currency.
Full-year 2023 Adjusted Operating Margin is expected to be in the range of 14.2% to 14.7%.
Full-year 2023 Adjusted EPS is expected to be in the range of $4.11 to $4.34