Genpact Limited Stock Price, News & Analysis

Genpact (NYSE: G) will announce its third-quarter earnings results for the period ending September 30, 2020, on November 2, 2020, after U.S. market close. CEO and management will host a conference call at 4:30 p.m. ET the same day to discuss performance details. Investors can access the call by dialing the provided numbers or via a live webcast on the Genpact Investor Relations website. The event will be archived for later listening. The company emphasizes its role in driving digital-led innovation and intelligent operations for clients globally.

On August 19, 2020, Genpact (NYSE: G) was awarded the 2020 ATD BEST Award for its excellence in talent development, competing against 185 organizations. This prestigious accolade signifies Genpact's commitment to innovative learning strategies and employee development, which contribute to tangible business impacts. The company’s learning platform, Genome, empowers employees to enhance their current skills and prepare for future roles. According to Indira Sovakar, this award highlights Genpact's effectiveness as a partner in accelerating clients' transformation journeys.

Genpact Limited (NYSE: G) announced its Q2 2020 financial results, reporting total revenue of $900 million, a 2% increase year-over-year. Revenue from Global Clients reached $783 million, up 3%, while revenue from GE declined by 2% to $117 million. Net income fell by 16% to $62 million, with a margin of 6.9%. Adjusted diluted EPS increased by 6% to $0.52. The company provided a full-year revenue guidance of $3.63 to $3.67 billion, reflecting a growth of 3% to 4%. Cash generated from operations improved to $192 million compared to $126 million in Q2 2019.

Genpact (NYSE: G) and Deloitte have formed a strategic alliance aimed at enhancing business transformation and resilience for clients. This partnership combines Genpact's capabilities in intelligent operations with Deloitte's consulting expertise, providing tailored end-to-end solutions that focus on critical areas such as finance, supply chain, and procurement. The collaboration intends to help clients accelerate their digital transformation journeys and improve enterprise value without needing to build solutions independently. Notably, the alliance has been recognized for excellence in strategic partnerships.

Genpact (NYSE: G) and AppZen have announced a partnership to enhance travel and expense (T&E) audit processes through a regulatory compliance-as-a-service (RCaaS) solution. This collaboration aims to automate T&E audits, allowing finance teams to identify discrepancies in near real time, thereby improving regulatory compliance and reducing fraud risks. The integration of AppZen's AI software with Genpact's expertise streamlines finance operations, providing businesses with faster financial insights and significant cost savings during the challenging economic environment.

Genpact Limited (NYSE: G) has declared a cash dividend of $0.0975 per common share for Q3 2020, payable on September 23, 2020. Shareholders of record as of the close of business on September 11, 2020 will be entitled to this dividend. Future dividends will be determined at the discretion of the board of directors. The announcement highlights Genpact's commitment to returning value to shareholders amid the impacts of the ongoing COVID-19 pandemic.

Genpact has launched Adapt and Rise, a free online learning platform aimed at enhancing professional skills essential for the digital economy. This initiative opens parts of its continuous learning platform to the public, offering 1,500 curated resources across 13 roles, including Business Analyst and Project Manager. The content is designed to help individuals thrive in a competitive job market by focusing on critical skills like AI Basics and Change Management. Genpact partners with EdCast to provide seamless access to this learning experience.