Cognizant Technology Solutions (CTSH) Divestments (2022)
Cognizant Technology Solutions (CTSH) posted quarterly Divestments of $9.0 million for Q3 2022, down 52.63% quarter-over-quarter from $19.0 million in Q1 2022.
Cognizant Technology Solutions (CTSH) Divestments (2022) Analysis & Trends
Cognizant Technology Solutions (CTSH) has reported Divestments for 1 consecutive years, with $9.0 million the latest figure, recorded in Q3 2022.
- In Q3 2022, Divestments changed N/A year-over-year to $9.0 million; the TTM figure through Jun 2023 stood at $9.0 million (down 52.63% YoY), while the FY2022 annual figure was $28.0 million, changed N/A from the prior year.
- Divestments eased to $9.0 million in Q3 2022 per CTSH's latest filing, from $19.0 million in the prior quarter.
- Across five years, Divestments topped out at $19.0 million in Q1 2022 and bottomed at $9.0 million in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | - |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 13.67 Mn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | -19.00 Mn |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | - |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | - |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | - |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | - |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | - |
| 10 | Cdw | 16.95 Bn | 16.59 Bn | 1.32 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 9.00 Mn |
| Mar 31, 2022 | 19.00 Mn |