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) delivers transformative business solutions through digital innovation and process excellence. This news hub provides investors and professionals with essential updates about the company's strategic initiatives, operational developments, and market leadership in business process management.
Access real-time announcements including quarterly earnings disclosures, partnership agreements, technology implementations, and corporate governance updates. Our curated collection ensures you stay informed about Genpact's progress in key focus areas like Data-Tech-AI integration, enterprise transformation projects, and industry-specific solutions across banking, healthcare, and manufacturing sectors.
Discover press releases detailing operational milestones, executive leadership changes, and client success stories. The archive serves as a vital resource for tracking Genpact's commitment to enhancing business agility through intelligent automation and process optimization strategies.
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Genpact (NYSE: G) announced that CFO Mike Weiner will participate in a fireside chat at Citi's 2022 Global Technology Conference on September 8th, starting at 9:45 am ET. The event will take place in New York City and is expected to last 40 minutes. A live audio webcast and replay will be available on the Genpact Investor Relations website following the presentation. Genpact focuses on driving digital transformation and improving business outcomes for clients globally.
Genpact (NYSE: G) has been awarded the 2022 ServiceNow Global Industry Solutions – Financial Services Partner of the Year, recognizing its innovative approach to digital transformation in the lending sector. In a partnership with ServiceNow, Genpact has developed the Cora Lending as a Service platform, enhancing loan processing efficiency for financial institutions. This recognition reflects successful implementations across banks and fintechs, driving expedited loan approvals and improved risk management during ongoing economic challenges.
Genpact (NYSE: G) has been chosen to enhance USAA's Property Direct Repair Program (PDRP) through its digital and AI capabilities. The initiative aims to improve transparency and efficiency for USAA, serving millions of U.S. military Members and their families. Utilizing the AI-driven Cora Claims Manager, Genpact will streamline claims processing and enhance member experience with proactive communication. This collaboration is set to provide better insights, customer experience, and contractor access, ultimately delivering a more effective claims process amid increasing regulatory complexities and natural disasters.
Genpact (NYSE: G) has partnered with Climate Vault to enhance carbon reduction and removal efforts for organizations, addressing the urgent demand for climate action. This collaboration combines Genpact's digital transformation expertise with Climate Vault's innovative carbon solutions. The partnership aims to provide organizations access to regulated carbon compliance markets with real-time pricing, facilitating a scalable pathway to carbon neutrality. Since its inception in 2021, Climate Vault has successfully reduced 0.75 million metric tons of carbon emissions, equivalent to removing 72,000 cars from the roads.
Genpact Limited (NYSE: G) reported total revenue of $1.089 billion for Q2 2022, up 10% year-over-year (12% constant currency). Data-Tech-AI services revenue increased 20% to $489 million, making up 45% of total revenue, while Digital Operations services rose 3% to $601 million. Diluted EPS declined 28% to $0.38, though adjusted diluted EPS grew 6% to $0.70. The company expects full-year revenue of $4.32 billion to $4.37 billion, reflecting a 7.5% to 9.0% increase compared to previous estimates.
Genpact (NYSE: G) has been recognized as a Leader for the second consecutive year in Everest Group's Trust and Safety – Content Moderation Services PEAK Matrix® Assessment 2022. The firm leverages augmented reality and data-driven insights to enhance trust and safety programs for clients across various industries, including media and e-commerce. Key strengths include a robust ecosystem of internal talent and innovations like the AI-powered Global Command Center. With increasing regulatory scrutiny, Genpact's expertise supports organizations in creating safe digital environments and effective content moderation strategies.
Genpact Limited (NYSE: G) announced a quarterly cash dividend of $0.125 per common share for Q3 2022. This dividend is payable on September 23, 2022 to shareholders of record as of the close of business on September 9, 2022. Future dividends will be determined at the discretion of the board of directors. The company focuses on digital transformation and innovation, boasting a global presence and a commitment to enhancing operational processes for its clients.
Genpact (NYSE: G) will announce its second-quarter results for the period ending June 30, 2022, after U.S. markets close on August 4, 2022. Following the announcement, management will host a conference call at 4:30 p.m. ET to discuss the company's performance. Interested participants can register online for access to the call. A live webcast will also be available on Genpact's Investor Relations website, and a replay will be archived afterwards.
