Genpact Limited Stock Price, News & Analysis

Genpact (NYSE: G) has been recognized as a Leader and received Star Performer status in Everest Group's Financial Crime and Compliance (FCC) Operations PEAK Matrix™ Assessment 2022, marking its second consecutive year as a Leader and its first Star Performer recognition. Clients have praised Genpact for its extensive expertise, flexibility, and scalability in FCC. The firm leverages its Financial Crime Risk Management (FCRM) solution and data analytics capabilities to enhance customer experience and drive impact for clients across various sectors.

Genpact (NYSE: G) has been recognized as one of the "World's Best Management Consulting Firms 2022" by Forbes and Statista. This accolade reflects Genpact's commitment to delivering digital transformation and value to clients amid the challenges of the Covid-19 pandemic. The evaluation involved assessing multinational consultancies across various industries, focusing on their adaptability and service evolution. Genpact's CEO highlighted the firm's dedication to leveraging Data-Tech-AI services to drive meaningful business outcomes. This acknowledgment adds to Genpact's growing list of industry awards.

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.