Genpact Limited Stock Price, News & Analysis

Genpact Limited (NYSE: G) reported strong financial results for the fourth quarter and full year ending December 31, 2021. Total revenue rose to $4.0 billion, up 8% year-over-year, driven by a 12% increase in revenue from Global Clients. Adjusted diluted EPS reached $2.45, up 16% year-over-year. New bookings hit approximately $3.7 billion, reflecting a 20% year-over-year growth. For 2022, the company projects revenue between $4.3 billion and $4.4 billion, indicating a growth of 7% to 9%.

Genpact announced the integration of its Claims Manager platform with Claim Genius, enhancing the insurance industry's claims processing through AI technology. This collaboration aims to streamline auto claims, reducing processing time and costs by up to 50%. The integration addresses inefficiencies in traditional claims management, offering improved customer satisfaction and operational efficiency. This initiative represents Genpact's commitment to digital transformation in the insurance sector, providing a more intelligent and seamless claims experience.

Commonwealth Informatics has expanded its partnership with the Medicines and Healthcare products Regulatory Agency (MHRA) to enhance safety monitoring across all medical products in the UK. MHRA will utilize Commonwealth's Vigilance Workbench (CVW) for signal detection, enabling a more responsive safety surveillance system. The integration of CVW with Insife's HALOPV solution will facilitate advanced automation and real-time analytics. This collaboration aims to improve the efficiency and accuracy of safety signal processing, benefitting both patients and public health.

Genpact (NYSE: G) will announce its fourth quarter and full year results for 2021 on February 11, 2022, before U.S. market open. Management will hold a conference call at 8:00 a.m. ET to discuss the performance. Interested parties can listen via phone or a live webcast on Genpact's Investor Relations website. A replay of the call will be available afterwards. Genpact focuses on digital transformation and intelligent operations, providing solutions for Global Fortune 500 companies.

Genpact (NYSE: G) and HighRadius have expanded their strategic alliance to enhance digital transformation in finance. This partnership focuses on integrating HighRadius's Autonomous Software with Genpact's expertise in accounts receivables, aiming to improve business outcomes for clients. The collaboration will facilitate data-driven insights, streamlining the Order to Cash and Receivables processes for enhanced efficiency and decision-making. Both companies are positioned to leverage their strengths for significant innovations in the finance sector.

Genpact (NYSE:G) announced the acquisition of Hoodoo Digital, enhancing its experience business through Rightpoint. This strategic move aims to support clients in achieving digital transformation by integrating advanced Adobe solutions. With Hoodoo's experience as a Platinum-level Adobe partner, the partnership strengthens Rightpoint's capabilities in content, commerce, and marketing management. This acquisition is part of Genpact's ongoing strategy to improve client experience and drive growth in the experience economy, leveraging a total addressable market of $110 billion in 2024.

Everest Group has recognized Genpact (NYSE: G) as a Leader in its Banking Operations — Services PEAK Matrix Assessment 2022. The assessment evaluated 31 companies based on market impact, innovation, and operational capabilities. Financial institutions are increasingly seeking digital transformation solutions like robotic process automation and AI amid ongoing pandemic disruptions. Genpact's strengths lie in customer experience transformation and financial crime risk management, bolstered by strategic acquisitions. This marks Genpact's fourth consecutive year as a leader in this assessment.