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.
Bookmark this page for continuous access to verified corporate communications and analysis of Genpact's evolving role in shaping digital-first enterprise operations worldwide.
Genpact Limited (NYSE: G) reported 2022 total revenue of $4.37 billion, a 9% increase year-over-year. Revenue from Data-Tech-AI services rose 16% to $1.96 billion, while Digital Operations increased 3% to $2.41 billion. Despite a 4% decline in net income to $353 million, adjusted diluted EPS rose 12% to $2.74. The company announced a 10% increase in its quarterly dividend and a $500 million increase in share repurchase authorization. For 2023, Genpact expects revenue between $4.64 billion and $4.71 billion, representing a 6% to 7.5% growth.
Genpact (NYSE: G) will announce its fourth quarter and full-year results for 2022 on February 9, 2023, post-market close. Management will hold a conference call at 4:30 p.m. ET to discuss the performance. Participants can register to receive dial-in information, while a live webcast will be accessible on Genpact's Investor Relations website. A replay and transcript will be archived post-call. Genpact operates globally, delivering professional services to transform client businesses, leveraging industry expertise and data-driven solutions.
On December 15, 2022, Genpact (NYSE: G) announced its recognition as a Leader in Everest Group's Procurement Outsourcing (PO) Services PEAK Matrix Assessment for the second consecutive year. The assessment evaluated 21 service providers based on market deliverables and client engagement. Genpact was praised for its operational consulting, advanced technologies, and flexible operating model that supports risk management and analytics solutions. The firm is recognized for its extensive experience across industries, particularly in North America and Europe, and is expanding its presence in various regions.
Genpact (NYSE: G) has partnered with o9 Solutions to enhance the global supply chain of Eckes-Granini, a major fruit juice supplier in Europe. The initiative aims to digitize supply chain processes, breaking down information silos and promoting operational efficiency. Key locations for the rollout include Spain, Germany, Hungary, Austria, France, Finland, and Sweden. The first phase, Valorized Demand Planning, is expected to reduce supply chain costs and inventories while aligning finance, sales, and marketing functions.
Genpact Limited (NYSE: G) reported third-quarter 2022 results with total revenue of $1.111 billion, up 9% year-over-year. Data-Tech-AI services contributed $510 million (up 19%), while Digital Operations generated $601 million (up 2%). Diluted EPS was $0.51, down 4%, but adjusted EPS increased 14% to $0.75. The company expects full-year revenue between $4.32 billion and $4.355 billion, reflecting a slight adjustment due to foreign currency impacts. Cash generated from operations was $226 million, marking an 8% increase from last year.
Genpact (NYSE: G) and Celonis have expanded their strategic partnership at Celosphere 2022, aiming to enhance digital transformation for their clients. The collaboration includes establishing a joint Center of Excellence to drive business insights and improve operational efficiencies. Key outcomes include improved finance and accounting processes for Global Fortune 500 clients and the creation of pre-built solutions leveraging Genpact's expertise and Celonis' Execution Management System (EMS). A survey indicated that 25% of organizations anticipate increasing their process intelligence spending by over 10% in the next 12-18 months.
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