earnings
confidence high
sentiment neutral
materiality 0.65
Genpact Q2 revenue up 2% to $1.11B; full-year revenue guidance cut to $4.59-4.64B
Genpact LTD
2023-Q2 EPS reported
$1.19
revenue$2,194,843,000
- Diluted EPS $0.63 (up 66% YoY); adjusted diluted EPS $0.72 (up 3% YoY).
- Data-Tech-AI services revenue $501M (+2% YoY); Digital Operations $605M (+1% YoY).
- Cash from operations $171M vs $102M a year ago; repurchased 3.2M shares for $120M.
- Full-year 2023 revenue guidance lowered to $4.59-4.64B (prior $4.64-4.71B); adjusted EPS guidance narrowed to $2.91-2.94.
- Management expects 2023 full-year bookings growth of 25%-30% driven by large deals and new logos.