earnings
confidence high
sentiment positive
materiality 0.70
Genpact FY2023 revenue $4.48B (+2%), adj EPS $2.98 (+9%); raises dividend 11%
Genpact LTD
2023-FY EPS reported
$3.41
revenue$4,476,888,000
- FY2023 total revenue $4.48B (+2% as reported, +3% constant currency); Digital Ops $2.48B (+3%), Data-Tech-AI $1.99B (+2%).
- FY2023 net income $631M (+79%) incl $170M non-recurring tax benefit; adj diluted EPS $2.98 (+9%).
- Q4 2023 revenue $1.15B (+4%); adj diluted EPS $0.82 (+17%); new bookings $4.9B for FY, up 26%.
- Board raises quarterly dividend 11% to $0.1525/share (annual $0.61 vs $0.55 in 2023).
- FY2024 guidance: revenue $4.57-4.61B (+2-3%), adj diluted EPS $3.00-$3.03; gross margin ~35%.