Welcome to our dedicated page for GENPACT news (Ticker: G), a resource for investors and traders seeking the latest updates and insights on GENPACT stock.
Genpact Limited (NYSE: G) is a global professional services firm known for its commitment to delivering transformative business outcomes that shape the future. Established as a spin-off from General Electric in 1998, Genpact leverages its deep industry and functional expertise to provide innovative solutions across a range of sectors including banking and financial services, insurance, capital markets, consumer product goods, life sciences, infrastructure, manufacturing, healthcare, and high-tech.
With over 125,000 employees operating in more than 30 countries, Genpact prides itself on its ability to combine process expertise, technology capabilities, and industry knowledge to help clients achieve significant growth, cost efficiency, and business agility. The company’s proprietary digital business platform, Genpact Cora, integrates advanced technologies such as AI and analytics to streamline operations, enhance decision-making, and drive intelligent operations.
Genpact’s impressive client roster includes more than one-fourth of the Fortune Global 500, reflecting its reputation as a trusted partner for large-scale digital transformation projects. The firm’s dedication to operational excellence has led to collaborations with leading technology platforms like Salesforce, Microsoft, and other industry giants. Recent partnerships include a multi-year engagement with Advantage Solutions to implement industry-leading platforms and a strategic collaboration with Tropicana Brands Group to transform global business services and supply chain operations.
Financially, Genpact has demonstrated consistent growth. For the fiscal year ending December 31, 2023, the company reported annual revenue of $4.5 billion, showing a 2% year-over-year increase despite macroeconomic challenges. The company continues to invest in new technologies and innovative strategies to maintain its competitive edge. In May 2024, Genpact announced a $400 million notes offering intended for general corporate purposes, including the repayment of existing debt, which underscores its strong financial management and strategic foresight.
Genpact’s leadership in the industry is further evidenced by its recognition in various assessments, including Everest Group’s PEAK Matrix® Assessment for financial crime and compliance, where it was named a Leader for the fourth consecutive year. This accolade highlights Genpact’s comprehensive capabilities in areas such as anti-money laundering, fraud management, and risk compliance.
Committed to creating a positive impact, Genpact operates with a purpose-driven approach, aiming to build a world that works better for people. This ethos is reflected in every aspect of the company's operations, from its innovative solutions and strategic partnerships to its sustainable business practices.
Genpact (NYSE: G) will announce its first-quarter results for the period ending March 31, 2023, on May 10, 2023, after U.S. market close. A conference call with management is scheduled for 4:30 p.m. ET to discuss the financial performance. Interested participants are encouraged to register here for access to the call. A live webcast will also be available on Genpact's Investor Relations website, with a replay and transcript to follow after the call.
Genpact Limited (NYSE: G) reported 2022 total revenue of $4.37 billion, a 9% increase year-over-year. Revenue from Data-Tech-AI services rose 16% to $1.96 billion, while Digital Operations increased 3% to $2.41 billion. Despite a 4% decline in net income to $353 million, adjusted diluted EPS rose 12% to $2.74. The company announced a 10% increase in its quarterly dividend and a $500 million increase in share repurchase authorization. For 2023, Genpact expects revenue between $4.64 billion and $4.71 billion, representing a 6% to 7.5% growth.
Genpact (NYSE: G) will announce its fourth quarter and full-year results for 2022 on February 9, 2023, post-market close. Management will hold a conference call at 4:30 p.m. ET to discuss the performance. Participants can register to receive dial-in information, while a live webcast will be accessible on Genpact's Investor Relations website. A replay and transcript will be archived post-call. Genpact operates globally, delivering professional services to transform client businesses, leveraging industry expertise and data-driven solutions.
On December 15, 2022, Genpact (NYSE: G) announced its recognition as a Leader in Everest Group's Procurement Outsourcing (PO) Services PEAK Matrix Assessment for the second consecutive year. The assessment evaluated 21 service providers based on market deliverables and client engagement. Genpact was praised for its operational consulting, advanced technologies, and flexible operating model that supports risk management and analytics solutions. The firm is recognized for its extensive experience across industries, particularly in North America and Europe, and is expanding its presence in various regions.
FAQ
What is the current stock price of GENPACT (G)?
What is the market cap of GENPACT (G)?
What does Genpact Limited do?
How many employees does Genpact have?
What are some recent achievements of Genpact?
What is Genpact Cora?
Who are some of Genpact’s clients?
What are Genpact’s financial highlights for 2023?
Where is Genpact headquartered?
What is the purpose of Genpact’s recent $400 million notes offering?
What industries does Genpact serve?
What recognition has Genpact received for its services?
